Yao I Fabric Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 24, 2020 at 08:42 pm IST
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Yao I Fabric Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 2,024.650 million compared to TWD 2,014.009 million a year ago. Operating loss was TWD 4.232 million compared to operating Income of TWD 164.137 million a year ago. Net income was TWD 392.276 million compared to TWD 144.554 million a year ago. Basic earnings per share was TWD 6.97 compared to TWD 2.57 a year ago. Diluted earnings per share was TWD 6.87 compared to TWD 2.56 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. 
