Hong Yi Fiber Ind. Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 03, 2022 at 04:45 pm EDT
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Hong Yi Fiber Ind. Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 515.19 million compared to TWD 513.36 million a year ago. Net income was TWD 51.18 million compared to TWD 134.57 million a year ago. Basic earnings per share from continuing operations was TWD 0.39 compared to TWD 1.01 a year ago. Diluted earnings per share from continuing operations was TWD 0.39 compared to TWD 1.01 a year ago.
HONG YI FIBER IND. CO., LTD. is a Taiwan-based company principally engaged in the manufacture and marketing of textured polyester yarns. The products of the Company include ultra-fine finished fiber yarns, full-dull yarns, colorful three tone yarns, environmental friendly finished yarns and yarns for layered cloth. The Companyâs products are applied in the manufacture of overcoats, pants, casual wear, home decoration fabrics and industrial fabrics, among others. The Company operates businesses in domestic market, Asia, Europe and Americas, among others.
HONG YI FIBER IND. CO., LTD. 
