Allied Industrial Corp., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 13, 2020 at 02:29 pm EDT
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Allied Industrial Corp., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 238.426 million compared to TWD 326.405 million a year ago. Operating loss was TWD 10.540 million compared to operating Income of TWD 20.519 million a year ago. Net income was TWD 3.320 million compared to TWD 25.019 million a year ago. Basic earnings per share was TWD 0.05 compared to TWD 0.35 a year ago. For the half year, sales was TWD 529.514 million compared to TWD 484.170 million a year ago. Operating loss was TWD 22.262 million compared to operating Income of TWD 14.753 million a year ago. Net income was TWD 495,000 compared to TWD 25.536 million a year ago. Basic earnings per share was TWD 0.01 compared to TWD 0.35 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.
ALLIED INDUSTRIAL CORP., LTD. 