PT Golden Flower, Tbk Reports Earnings Results for the Third Quarter Ended September 30, 2020
January 28, 2021
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PT Golden Flower, Tbk announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced basic loss per share from continuing operations was IDR 0.34 compared to basic earnings per share from continuing operations of IDR 63 a year ago. For the nine months, sales was IDR 177,103.000 million compared to IDR 374,164.000 million a year ago. Operating income was IDR 4,939.692 million compared to IDR 18,649.042 million a year ago. Net loss was IDR 192.833 million compared to net income of IDR 9,278.935 million a year ago.
PT Golden Flower Tbk is an Indonesia-based integrated apparel manufacturing company. The Company is a garment manufacturers and exporters in Indonesia. The Company manufactures light to medium weight woven apparels, including ladies blouse, menâs shirt, non-iron shirt, casual shirt, skirt, dresses, night wear, uniform and other. It offers a range of professional garment services, such as research and development (R&D), designing, cutting, sewing, washing, ironing, finishing, smoking, faggotting, and pleatings, which are available as per demand. The Company owns approximately eight production facilities. The Company's clients include Marks & Spencer, Costco Wholesale, Karl Lagerfeld, Ann Taylor and Calvin Klein among others.
PT GOLDEN FLOWER TBK 
