Nan Yang Dyeing & Finishing Co.,Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022
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Nan Yang Dyeing & Finishing Co.,Ltd reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 90.14 million compared to TWD 121.72 million a year ago. Net income was TWD 15.97 million compared to TWD 20.57 million a year ago. Basic earnings per share from continuing operations was TWD 0.25 compared to TWD 0.33 a year ago. Diluted earnings per share from continuing operations was TWD 0.25 compared to TWD 0.33 a year ago.
For the nine months, sales was TWD 292.47 million compared to TWD 361 million a year ago. Net income was TWD 39.34 million compared to TWD 60.83 million a year ago. Basic earnings per share from continuing operations was TWD 0.62 compared to TWD 0.97 a year ago. Diluted earnings per share from continuing operations was TWD 0.62 compared to TWD 0.96 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.