I-Hwa Industrial Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2020
March 12, 2021 at 08:44 pm EST
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I-HWA Industrial Co.,Ltd announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 716.457 million compared to TWD 1,067.517 million a year ago. Operating income was TWD 150.968 million compared to TWD 77.511 million a year ago. Net income was TWD 68.064 million compared to TWD 25.663 million a year ago. Basic earnings per share from continuing operations was TWD 0.73 compared to TWD 0.27 a year ago.
I-HWA INDUSTRIAL CO., LTD. is a Taiwan-based company principally engaged in the manufacture and sales of textile products. The Company operates businesses through two segments. The Textile segment is engaged in the manufacture and sales of wool yarns, cotton yarns, finished fabrics and dyestuff. Its products are applied in the manufacture of suit fabrics, Japanese kimono, sweaters, knitted fabrics and other garments, among others. This segment is also involved in the provision of original equipment manufacturer (OEM) services. The Real Estates segment is mainly engaged in the investment in the construction of real estates for rental and for sales. The Company mainly operates businesses in domestic market.
I-HWA INDUSTRIAL CO.,LTD 