Yao I Fabric Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 11, 2022
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Yao I Fabric Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 526.9 million compared to TWD 590.11 million a year ago. Net income was TWD 16.98 million compared to TWD 1.77 million a year ago. Basic earnings per share from continuing operations was TWD 0.3 compared to TWD 0.03 a year ago. Diluted earnings per share from continuing operations was TWD 0.3 compared to TWD 0.03 a year ago.
For the six months, sales was TWD 1,164.18 million compared to TWD 1,201.14 million a year ago. Net income was TWD 61.61 million compared to TWD 25.67 million a year ago. Basic earnings per share from continuing operations was TWD 1.09 compared to TWD 0.46 a year ago. Diluted earnings per share from continuing operations was TWD 1.09 compared to TWD 0.46 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. 