Hwa Fong Rubber Ind. Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 13, 2022 at 07:23 am
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Hwa Fong Rubber Ind. Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 1,445.13 million compared to TWD 1,311 million a year ago. Net income was TWD 100.33 million compared to TWD 116.03 million a year ago. Basic earnings per share from continuing operations was TWD 0.36 compared to TWD 0.42 a year ago. Diluted earnings per share from continuing operations was TWD 0.36 compared to TWD 0.41 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. 
