Ta Jiang Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 01:09 pm EST
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Ta Jiang Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was TWD 172.894 million compared to TWD 111,000 a year ago. Operating income was TWD 31.240 million compared to operating loss of TWD 6.878 million a year ago. Net income was TWD 28.922 million compared to net loss of TWD 8.588 million a year ago. Basic earnings per share was TWD 0.29 compared to basic loss per share of TWD 0.09 a year ago. Diluted earnings per share was TWD 0.29. For the nine months, total revenue was TWD 219.130 million compared to TWD 613,000 a year ago. Operating income was TWD 23.941 million compared to operating loss of TWD 21.425 million a year ago. Net income was TWD 17.367 million compared to net loss of TWD 1.373 million a year ago. Basic earnings per share was TWD 0.17 compared to basic loss per share of TWD 0.01 a year ago. Diluted earnings per share was TWD 0.17.
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.