Singtex Industrial Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 04, 2022
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Singtex Industrial Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 909.11 million compared to TWD 525.62 million a year ago. Net income was TWD 50.27 million compared to TWD 5 million a year ago. Basic earnings per share from continuing operations was TWD 1.07 compared to TWD 0.11 a year ago. Diluted earnings per share from continuing operations was TWD 0.92 compared to TWD 0.11 a year ago.
Singtex Industrial Co. Ltd is a Taiwan-based company mainly engaged in the processing, distribution, import and export of fibers, yarns, functional fabric products and ready-made clothes, raw materials, semi-finished products and others. The Companyâs fabric products consist of windproof, waterproof and breathable series, high-density water pressure resistance series, quick moisture absorption and release series, two-layer and three-layer functional fabric series, three-dimensional (3D) functional fabric series, PUSH and PULL series, special functional fabric series, and ready-made clothes. The Company distributes its products in domestic and overseas markets.