Allied Industrial Corp., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 12, 2022 at 03:49 pm EDT
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Allied Industrial Corp., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 429.31 million compared to TWD 415.62 million a year ago. Net income was TWD 34 million compared to TWD 28.37 million a year ago. Basic earnings per share from continuing operations was TWD 0.47 compared to TWD 0.39 a year ago. Diluted earnings per share from continuing operations was TWD 0.47 compared to TWD 0.39 a year ago.
Allied Industrial Corp., Ltd. is a Taiwan-based company principally engaged in the manufacture and distribution of dyes. The Company mainly provides dyes and food additives. The Companyâs dyes consist of disperse dyes, reactive dyes, acid dyes, basic dyes, dyeing and finishing auxiliaries and others. The Companyâs products are used in the dyeing and printing of fibers and synthetic fibers, such as acetic acid, polyester, nylon, wool, silk and cotton. The Company distributes its products within the domestic market and to overseas markets, including Asia, the Middle East and others.