Honmyue Enterprise Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 14, 2020 at 01:08 am IST
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Honmyue Enterprise Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 679.351 million compared to TWD 863.937 million a year ago. Operating income was TWD 9.826 million compared to operating loss of TWD 15.965 million a year ago. Net income was TWD 2.855 million compared to TWD 2.770 million a year ago. Basic earnings per share was TWD 0.02 compared to TWD 0.02 a year ago.
Honmyue Enterprise Co Ltd is a Taiwan-based company principally engaged in the manufacture, sales, printing, dyeing and processing of various kinds of fiber fabrics. The Company's products include short fiber fabrics, long fiber fabrics and grey yarns. The Company's fiber fabrics are used as industrial cloth, cloth for slopwork and home decoration cloth, which are mainly applied to the production of leather suitcases, leather shoes, shirts, skirts, trousers, leisurewear, sports bags, travel bags, coats, jackets, suits, sportswear and decoration for automobiles. The Company distributes its products within the domestic market and to overseas markets.