Honmyue Enterprise Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 08:30 am EDT
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Honmyue Enterprise Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 592.699 million compared to TWD 853.698 million a year ago. Net income was TWD 20.122 million compared to net loss of TWD 10.586 million a year ago. Basic earnings per share was TWD 0.15 compared to basic loss per share of TWD 0.08 a year ago. For the half year, sales was TWD 1,272.050 million compared to TWD 1,717.635 million a year ago. Net income was TWD 22.977 million compared to net loss of TWD 7.816 million a year ago. Basic earnings per share was TWD 0.18 compared to basic loss per share of TWD 0.06 a year ago.
Honmyue Enterprise Co Ltd is a Taiwan-based company principally engaged in the manufacture, sales, printing, dyeing and processing of various kinds of fiber fabrics. The Company's products include short fiber fabrics, long fiber fabrics and grey yarns. The Company's fiber fabrics are used as industrial cloth, cloth for slopwork and home decoration cloth, which are mainly applied to the production of leather suitcases, leather shoes, shirts, skirts, trousers, leisurewear, sports bags, travel bags, coats, jackets, suits, sportswear and decoration for automobiles. The Company distributes its products within the domestic market and to overseas markets.