Tung Ho Textile Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022
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Tung Ho Textile Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 185.46 million compared to TWD 202.94 million a year ago. Revenue was TWD 185.46 million compared to TWD 202.94 million a year ago. Net income was TWD 23.45 million compared to TWD 17.58 million a year ago. Basic earnings per share from continuing operations was TWD 0.11 compared to TWD 0.08 a year ago. Diluted earnings per share from continuing operations was TWD 0.11 compared to TWD 0.08 a year ago.
TUNG HO TEXTILE CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and sales of yarn products. The Company operates through two segments, including yarn segment and investment segment. The Yarn segment is engaged in the manufacture and sales of yarn products. Its yarn products include cotton yarns, blended yarns, environmental friendly yarns, as well as blended yarns with special raw materials or weaved by special methods, such as slub yarns. The Investment segment is engaged in the construction of residential properties for rental and for sale. The Company operates businesses in Taiwan, China and Hong Kong.
TUNG HO TEXTILE CO., LTD. 
