Hong Ho Precision Textile Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 13, 2021 at 03:02 pm
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Hong Ho Precision Textile Co.,Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 83.192 million compared to TWD 126.611 million a year ago. Operating income was TWD 17.443 million compared to operating loss of TWD 4.785 million a year ago. Net income was TWD 21.030 million compared to TWD 1.069 million a year ago. Basic earnings per share from continuing operations was TWD 0.15 compared to TWD 0.01 a year ago.
HONG HO PRECISION TEXTILE CO., LTD. is a Taiwan-based company mainly engaged in the manufacture and distribution of finished fabrics, apparels and gray fabrics. The Company's fabrics include home textile fabrics, city wear fabrics and sportswear fabrics. The Company's fabrics are used for sun cloth, curtains, coverlet bed sheets, pillow cases, chair covers, other home decorations, suits, dresses, shirts, overcoats, windbreakers, jackets, pants, polo shirts, sports suits, short pants, outdoor shirts and others. The Company distributes its products mainly within overseas markets, including Japan, South Korea, America, Canada and others.