Toung Loong Textile Mfg.Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 12, 2023
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Toung Loong Textile Mfg.Co.,Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 722.18 million compared to TWD 998.98 million a year ago. Net income was TWD 16.66 million compared to TWD 53.53 million a year ago. Basic earnings per share from continuing operations was TWD 0.14 compared to TWD 0.44 a year ago.
For the nine months, sales was TWD 2,016.01 million compared to TWD 3,411.73 million a year ago. Net loss was TWD 0.274 million compared to net income of TWD 204.08 million 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. 
