Yao I Fabric Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 08, 2021
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Yao I Fabric Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 590.106 million compared to TWD 423.152 million a year ago. Operating income was TWD 22.763 million compared to operating loss of TWD 28.883 million a year ago. Net income was TWD 1.768 million compared to net loss of TWD 28.893 million a year ago. Basic earnings per share was TWD 0.03 compared to basic loss per share of TWD 0.52 a year ago. For the half year, sales was TWD 1,201.136 million compared to TWD 825.451 million a year ago. Operating income was TWD 49.937 million compared to operating loss of TWD 57.808 million a year ago. Net income was TWD 25.667 million compared to net loss of TWD 30.674 million a year ago. Basic earnings per share was TWD 0.46 compared to basic loss per share of TWD 0.55 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.
YAO I FABRIC CO., LTD. 
