Allied Industrial Corp., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 29, 2020 at 06:40 pm EDT
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Allied Industrial Corp., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 1,111.997 million compared to TWD 439.688 million a year ago. Operating income was TWD 9.181 million compared to operating loss of TWD 76.259 million a year ago. Net income was TWD 74.435 million compared to net loss of TWD 540.164 million a year ago. Basic earnings per share was TWD 1.03 compared to basic loss per share of TWD 7.48 a year ago.
Allied Industrial Corp., Ltd. is a Taiwan-based company principally engaged in the manufacture and distribution of dyes. The Company mainly provides dyes and food additives. The Companyâs dyes consist of disperse dyes, reactive dyes, acid dyes, basic dyes, dyeing and finishing auxiliaries and others. The Companyâs products are used in the dyeing and printing of fibers and synthetic fibers, such as acetic acid, polyester, nylon, wool, silk and cotton. The Company distributes its products within the domestic market and to overseas markets, including Asia, the Middle East and others.