Tainan Spinning Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 09, 2021
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Tainan Spinning Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 5,310.445 million compared to TWD 3,562.690 million a year ago. Operating income was TWD 501.902 million compared to operating loss of TWD 343.099 million a year ago. Net income was TWD 1,013.068 million compared to net loss of TWD 174.075 million a year ago. Basic earnings per share was TWD 0.61 compared to basic loss per share of TWD 0.11 a year ago. For the half year, sales was TWD 10,652.039 million compared to TWD 8,600.574 million a year ago. Operating income was TWD 955.519 million compared to operating loss of TWD 321.511 million a year ago. Net income was TWD 2,135.339 million compared to net loss of TWD 73.563 million a year ago. Basic earnings per share was TWD 1.29 compared to basic loss per share of TWD 0.04 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. 
