Nan Yang Dyeing & Finishing Co.,Ltd Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 10, 2020 at 12:36 pm EST
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Nan Yang Dyeing & Finishing Co.,Ltd announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 103.312 million compared to TWD 98.187 million a year ago. Operating income was TWD 21.232 million compared to TWD 16.674 million a year ago. Net income was TWD 14.144 million compared to TWD 19.770 million a year ago. Basic earnings per share was TWD 0.22 compared to TWD 0.29 a year ago. For the nine months, sales was TWD 303.010 million compared to TWD 298.503 million a year ago. Operating income was TWD 58.638 million compared to TWD 52.643 million a year ago. Net income was TWD 42.442 million compared to TWD 53.846 million a year ago. Basic earnings per share was TWD 0.67 compared to TWD 0.76 a year ago.
NAN YANG DYEING & FINISHING CO., LTD is a Taiwan-based company principally engaged in semiconductor packaging and testing business, as well as dyeing and finishing processing businesses. The Company's fiber products include cotton knitted fabrics, various blended knitted fabrics and chemical fiber knitted fabrics, including cotton, nylon, spandex and others. The Company is also engaged in the sales of cloth, as well as the provision of leasing services. The Company distributes its products within domestic market and to overseas markets, including Japan, Hong Kong, Europe and the Americas.