Lily Textile Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 03:24 am EST
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Lily Textile Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 223.51 million compared to TWD 245.11 million a year ago. Net income was TWD 110.41 million compared to TWD 90.15 million a year ago. Basic earnings per share from continuing operations was TWD 0.82 compared to TWD 0.67 a year ago. Diluted earnings per share from continuing operations was TWD 0.82 compared to TWD 0.67 a year ago.
For the nine months, sales was TWD 570.38 million compared to TWD 645.52 million a year ago. Net income was TWD 170.04 million compared to TWD 211.65 million a year ago. Basic earnings per share from continuing operations was TWD 1.26 compared to TWD 1.56 a year ago. Diluted earnings per share from continuing operations was TWD 1.26 compared to TWD 1.56 a year ago.
Lily Textile Co Ltd is a Taiwan-based company mainly engaged in the logistics business and warehousing business. The Company is also engaged in spinning, weaving, processing, trading, bidding and agency business of natural cotton, man-made fibers and various chemical fibers, commissioning construction companies to construct commercial buildings and national residences for lease and sale and commissioning construction companies to develop industrial zones approved by industrial authorities. It is also engaged in wine import and wholesale business, general import and export trade and its agency business, and tally and packaging business. The Company mainly operates its businesses in the Taiwan market.