Hwa Fong Rubber Ind. Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 25, 2021 at 11:51 pm
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Hwa Fong Rubber Ind. Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 4,882.864 million compared to TWD 5,264.937 million a year ago. Operating income was TWD 605.064 million compared to TWD 365.506 million a year ago. Net income was TWD 371.601 million compared to TWD 10.891 million a year ago. Basic earnings per share was TWD 1.33 compared to TWD 0.04 a year ago.
Hwa Fong Rubber Ind Co Ltd is a Taiwan-based company principally engaged in the manufacture, processing, distribution and trading of tires and other rubber products. The Company provides bicycle tires, agricultural and industrial tires, motorcycle tires, truck tires, automobile tires, radial tires and other rubber products. Its tire products are applied in sedans, recreational and leisure vehicles, heavy trucks, trailers, grass mowers, forklifts, as well as bicycles and monocycles. The Company distributes its products in Taiwan market and to Mainland China, the Americas, Thailand and other markets.
HWA FONG RUBBER INDUSTRIAL CO., LTD. 
