Hong Yi Fiber Ind. Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
February 26, 2020 at 02:06 pm
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Hong Yi Fiber Ind. Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 1,918.138 million compared to TWD 2,130.850 million a year ago. Operating income was TWD 175.063 million compared to TWD 186.226 million a year ago. Net income was TWD 176.038 million compared to TWD 194.916 million a year ago. Basic earnings per share was TWD 1.33 compared to TWD 1.47 a year ago. Diluted earnings per share was TWD 1.32 compared to TWD 1.46 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.