Est Global Apparel Co.,Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 10:51 am
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Est Global Apparel Co.,Ltd reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 123.9 million compared to TWD 195.74 million a year ago. Net income was TWD 12.12 million compared to TWD 23.6 million a year ago. Basic earnings per share from continuing operations was TWD 0.39 compared to TWD 0.76 a year ago. Diluted earnings per share from continuing operations was TWD 0.39 compared to TWD 0.76 a year ago.
For the six months, sales was TWD 230.38 million compared to TWD 401.95 million a year ago. Net income was TWD 11.44 million compared to TWD 39.68 million a year ago. Basic earnings per share from continuing operations was TWD 0.37 compared to TWD 1.27 a year ago. Diluted earnings per share from continuing operations was TWD 0.37 compared to TWD 1.27 a year ago.
EST GLOBAL APPAREL CO.,LTD, formerly Free Power Energy Co., Ltd. is a Taiwan-based company mainly engaged in manufacture and distribution of textile products. The Company is involved in the manufacture and sale of long fibers and electric bicycles, and the development and trading of real estate lands. Its long fiber products are applied in the manufacture of curtains, sofa fabrics, garments, shoes, bags, cases and industrial fabrics, among others.