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(From Taiwan Economic News)
Taipei, Oct. 22, 2002 (CENS)--Zig Sheng Industrial Co., Ltd., a main local producer of polyester textured yarn (PTY) and nylon filament yarn listed on the Taiwan Stock Exchange, is expected to record net (after-tax) earnings per share (EPS) of NT$1.35-NT$1.4 for this year
Zig Sheng also produces nylon chips. The company makes a variety of PTY, with LACING yarn as its core PTY product. Used to weave knit fabric, LACING yarn is sold at NT$70 per kilogram with a high gross profit rate of 30%-40%. The company …