Far Eastern New Century (1402) Reports Robust 1Q Earnings: Net Income NT$1.59B and EPS NT$0.32

A look at Far Eastern New Century Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Far Eastern New Century Corporation, a textile manufacturing company, holds a positive long-term outlook according to Smartkarma’s Smart Scores. With a high Value score and solid Dividend score, the company is seen as a strong investment opportunity. While its Growth score is moderate, indicating steady expansion potential, its Resilience score is slightly lower, suggesting some vulnerability to market fluctuations. However, Far Eastern New Century shines in Momentum, showcasing strong performance trends.

Specializing in polyester materials, yarns, fabrics, and garments, Far Eastern New Century also diversifies its revenue streams by selling cell phones and accessories through its subsidiary companies. Overall, the company’s Smart Scores paint a picture of a stable and financially rewarding investment option in the textile industry.

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