Hung Chou Fiber Ind. Co., Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 03, 2022 at 06:06 pm
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Hung Chou Fiber Ind. 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 889.01 million compared to TWD 766.63 million a year ago. Revenue was TWD 888.53 million compared to TWD 763.21 million a year ago. Net income was TWD 66.62 million compared to TWD 25.32 million a year ago. Basic earnings per share from continuing operations was TWD 0.5 compared to TWD 0.19 a year ago.
For the six months, sales was TWD 1,781.06 million compared to TWD 1,384.69 million a year ago. Revenue was TWD 1,776.79 million compared to TWD 1,380.87 million a year ago. Net income was TWD 112.09 million compared to TWD 31.65 million a year ago. Basic earnings per share from continuing operations was TWD 0.85 compared to TWD 0.24 a year ago.
HUNG CHOU FIBER IND. CO., LTD is a Taiwan-based company principally engaged in the manufacture and trading of textile products. The products of the Company include polyester granules, polyester filaments and polyester textured yarns. Its products are applied in the manufacture of apparels for men and women, causal apparels, sportswear products and industrial products, among others. The Company operates its businesses in Taiwan and Asia.