Taiwan Taffeta Fabric Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 11, 2022
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Taiwan Taffeta Fabric Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 450.14 million compared to TWD 367.01 million a year ago. Net income was TWD 7.28 million compared to net loss of TWD 5.81 million a year ago. Basic earnings per share from continuing operations was TWD 0.06 compared to basic loss per share from continuing operations of TWD 0.05 a year ago. Diluted earnings per share from continuing operations was TWD 0.06 compared to diluted loss per share from continuing operations of TWD 0.05 a year ago.
TAIWAN TAFFETA FABRIC CO., LTD. is a Taiwan-based company principally engaged in the manufacture and sales of fabrics and yarn products. The businesses of the Company include the manufacture, sales and trading of finished polyester fabrics, the manufacture, sales and trading of polyester gray fabrics, the trading of yarn materials, the provision of original equipment manufacturer (OEM) services, as well as the development, leasing and sales of residential properties. The Company operates through four segments, including cotton mill segment, fabric mill segment, construction segment and accessories and garments segment. The Company operates businesses in domestic market and other markets, such as Asia, Europe, America and Africa.
TAIWAN TAFFETA FABRIC CO., LTD. 