Toung Loong Textile Mfg. Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 28, 2021 at 03:52 pm EDT
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Toung Loong Textile MFG. Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 3,151.677 million compared to TWD 3,563.732 million a year ago. Operating income was TWD 74.590 million compared to TWD 279.714 million a year ago. Net income was TWD 84.440 million compared to TWD 210.299 million a year ago. Basic earnings per share from continuing operations was TWD 0.7 compared to TWD 1.75 a year ago.
Toung Loong Textile Mfg. Co., Ltd. is a Taiwan-based company mainly engaged in the manufacture and sales of yarns. The Company's products consist of sewing threads, including zipper sewing threads, spun polyester (SP) threads, polyester yarns, nylon threads and bonded threads, and yarns for apparels, such as label yarns, Velcro yarns, air textured yarns, textured yarns and woven yarns. The Company distributes its products within the domestic market and to overseas markets, including the rest of Asia, Europe, the Americas, Oceania and others.
TOUNG LOONG TEXTILE MFG.CO.,LTD. 
