Tri Ocean Textile Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 12, 2021
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Tri Ocean Textile Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was TWD 178.069 million compared to TWD 54.830 million a year ago. Operating income was TWD 12.356 million compared to operating loss of TWD 37.702 million a year ago. Net loss was TWD 1.434 million compared to TWD 117.990 million a year ago. Basic loss per share from continuing operations was TWD 0.02 compared to TWD 2.56 a year ago. For the half year, total revenue was TWD 241.154 million compared to TWD 120.542 million a year ago. Operating loss was TWD 8.405 million compared to TWD 98.928 million a year ago. Net loss was TWD 12.634 million compared to TWD 207.548 million a year ago. Basic loss per share from continuing operations was TWD 0.15 compared to TWD 4.51 a year ago.
Triocean Industrial Corporation Co Ltd is a Taiwan-based company mainly engaged in construction business. The Company's main business is to undertake projects commissioned by owners on a turnkey basis. The Company's business includes contracting repair/renovation projects, undertaking construction such as land preparation, infrastructure, installation of construction equipment, and construction, reconstruction, and repair of civil engineering projects. The Company undertakes residential projects, commercial buildings, public works, factories and other projects, including residences, dormitories, office buildings, hospitals, schools, civil bridges, factories and others.