Honmyue Enterprise Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 05:02 pm EST
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Honmyue Enterprise Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 739.201 million compared to TWD 842.563 million a year ago. Operating income was TWD 17.828 million compared to TWD 11.584 million a year ago. Net income was TWD 27.139 million compared to net loss of TWD 653,000 a year ago. Basic earnings per share was TWD 0.21 compared to basic loss per share of TWD 0.01 a year ago. For the nine months, sales was TWD 2,011.251 million compared to TWD 2,560.198 million a year ago. Operating income was TWD 29.002 million compared to operating loss of TWD 12.639 million a year ago. Net income was TWD 50.116 million compared to net loss of TWD 8.469 million a year ago. Basic earnings per share was TWD 0.39 compared to basic loss per share of TWD 0.07 a year ago. Diluted earnings per share was TWD 0.38 compared to diluted loss per share of TWD 0.07 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.
HONMYUE ENTERPRISE CO., LTD. 
