Yao I Fabric Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 29, 2021 at 07:34 pm IST
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Yao I Fabric Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 2,000.573 million compared to TWD 2,024.650 million a year ago. Operating loss was TWD 3.846 million compared to TWD 4.232 million a year ago. Net loss was TWD 13.526 million compared to net income of TWD 392.276 million a year ago. Basic loss per share was TWD 0.24 compared to basic earnings per share of TWD 6.97 a year ago. Diluted loss per share was TWD 0.24 compared to diluted earnings per share of TWD 6.87 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. 
