Yao I Fabric Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2019
May 14, 2019 at 08:27 am EDT
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Yao I Fabric Co., Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was TWD 501.973 million compared to TWD 490.564 million a year ago. Operating income was TWD 28.218 million compared to TWD 37.980 million a year ago. Net income was TWD 23.175 million compared to TWD 29.836 million a year ago. Basic earnings per share was TWD 0.41 compared to TWD 0.53 a year ago.
Yao I Fabric CO., LTD. is a Taiwan-based company mainly engaged in the manufacture and sales of line products. The Companyâs primary products include fishing lines, trimmer lines, nylon lines, industrial lines, battledore lines and tennis racket lines. The Company is also engaged in the provision of elastic bands and non-woven fabrics. The Company's finishing lines are primarily used for freshwater fishing, sea fishing, stream fishing, river fishing and rock fishing. Its industrial lines are applied in lawnmowers and fasten tapes. The Company mainly distributes its products in Asia, the Americas and Europe.