Hwa Fong Rubber Ind. Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 12, 2021 at 11:14 pm
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Hwa Fong Rubber Ind. Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 1,386.662 million compared to TWD 950.401 million a year ago. Operating income was TWD 211.420 million compared to TWD 83.093 million a year ago. Net income was TWD 98.533 million compared to TWD 29.873 million a year ago. Basic earnings per share was TWD 0.35 compared to TWD 0.11 a year ago. For the half year, sales was TWD 2,697.664 million compared to TWD 2,118.786 million a year ago. Operating income was TWD 415.371 million compared to TWD 185.261 million a year ago. Net income was TWD 214.562 million compared to TWD 76.497 million a year ago. Basic earnings per share was TWD 0.77 compared to TWD 0.27 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. 
