Allied Industrial Corp., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 29, 2021 at 06:56 pm EDT
Share
Allied Industrial Corp., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 958.744 million compared to TWD 1,111.997 million a year ago. Operating loss was TWD 38.966 million compared to operating Income of TWD 9.181 million a year ago. Net income was TWD 43.590 million compared to TWD 74.435 million a year ago. Basic earnings per share was TWD 0.6 compared to TWD 1.03 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.