Ta Jiang Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 05:14 pm EDT
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Ta Jiang Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was TWD 25.743 million compared to TWD 265,000 a year ago. Operating loss was TWD 151,000 compared to TWD 7.528 million a year ago. Net income was TWD 39.815 million compared to net loss of TWD 3.595 million a year ago. Basic earnings per share was TWD 0.4 compared to basic loss per share of TWD 0.04 a year ago. For the half year, total revenue was TWD 46.236 million compared to TWD 502,000 a year ago. Operating loss was TWD 7.299 million compared to TWD 14.547 million a year ago. Net loss was TWD 11.555 million compared to net income of TWD 7.215 million a year ago. Basic loss per share was TWD 0.12 compared to basic earnings per share of TWD 0.08 a year ago. Diluted eps was TWD 0 compared to TWD 0.08 a year ago.
TA JIANG CO., LTD. is a Taiwan-based company principally engaged in the construction of commercial and residential buildings. The Company operates businesses through two segments. The Textile segment is engaged in the manufacture and sales of blended yarns and special yarns, such as elastic yarns. Its products are applied in the manufacture of casual wear, sportswear and other textile products. The Construction segment is engaged in the construction of commercial buildings and residential buildings, including housings, shops, suites and parking lots, among others. The Company mainly operates businesses in Taiwan.