Honmyue Enterprise Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 12:49 pm EST
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Honmyue Enterprise Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 842.563 million compared to TWD 910.196 million a year ago. Operating income was TWD 11.584 million compared to TWD 26.294 million a year ago. Net loss was TWD 653,000 compared to net income of TWD 3.058 million a year ago. Basic loss per share was TWD 0.01 compared to basic earnings per share of TWD 0.02 a year ago. For the nine months, sales was TWD 2,560.198 million compared to TWD 2,718.595 million a year ago. Operating loss was TWD 12.639 million compared to operating Income of TWD 91.658 million a year ago. Net loss was TWD 8.469 million compared to net income of TWD 73.317 million a year ago. Basic loss per share was TWD 0.07 compared to basic earnings per share of TWD 0.56 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.