Toung Loong Textile Mfg.Co.,Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 11, 2022
Share
Toung Loong Textile Mfg.Co.,Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 1,247.69 million compared to TWD 1,330.93 million a year ago. Net income was TWD 84.05 million compared to TWD 95.93 million a year ago. Basic earnings per share was TWD 0.6863 compared to TWD 0.7843 a year ago.
For the six months, sales was TWD 2,412.75 million compared to TWD 2,419.01 million a year ago. Net income was TWD 150.55 million compared to TWD 154.74 million a year ago. Basic earnings per share was TWD 1.2255 compared to TWD 1.2647 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.