Yao I Fabric Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 13, 2019 at 01:16 pm
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Yao I Fabric Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 513.414 million compared to TWD 499.537 million a year ago. Operating income was TWD 15.617 million compared to TWD 41.454 million a year ago. Net income was TWD 13.757 million compared to TWD 45.927 million a year ago. Basic earnings per share was TWD 0.24 compared to TWD 0.82 a year ago. Diluted earnings per share was TWD 0.24 compared to TWD 0.81 a year ago. For the half year, sales was TWD 1,015.387 million compared to TWD 990.101 million a year ago. Operating income was TWD 43.835 million compared to TWD 79.434 million a year ago. Net income was TWD 36.932 million compared to TWD 75.763 million a year ago. Basic earnings per share was TWD 0.66 compared to TWD 1.35 a year ago. Diluted earnings per share was TWD 0.66 compared to TWD 1.34 a year ago.
Yao I Fabric CO., LTD. is a Taiwan-based company mainly engaged in the manufacture and sales of line products. The Companyâs primary products include fishing lines, trimmer lines, nylon lines, industrial lines, battledore lines and tennis racket lines. The Company is also engaged in the provision of elastic bands and non-woven fabrics. The Company's finishing lines are primarily used for freshwater fishing, sea fishing, stream fishing, river fishing and rock fishing. Its industrial lines are applied in lawnmowers and fasten tapes. The Company mainly distributes its products in Asia, the Americas and Europe.
YAO I FABRIC CO., LTD. 
