Tainan Spinning Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 10, 2021 at 09:00 am EDT
Share
Tainan Spinning Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 5,341.594 million compared to TWD 5,037.884 million a year ago. Operating income was TWD 453.617 million compared to TWD 21.588 million a year ago. Net income was TWD 1,122.271 million compared to TWD 100.512 million a year ago. Basic earnings per share was TWD 0.68 compared to TWD 0.06 a year ago.
Tainan Spinning Co., Ltd is a Taiwan-based company principally engaged in the manufacture, processing and sales of textile products. The products of the Company include cotton yarn, polyester cotton, polyester granules, ester granules for bottles, polyester filaments, finished polyester filaments and others. The Company mainly operates through two segments, including Tainan Spinning segment and Tainan Spinning Vietnam segment. The Company operates businesses in China, Vietnam, Korea, Japan, South Africa and Americas, among others.
TAINAN SPINNING CO., LTD. 