Est Global Apparel Co.,Ltd Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 07, 2021 at 02:24 am IST
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Est Global Apparel Co.,Ltd announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 132.627 million compared to TWD 113.121 million a year ago. Operating income was TWD 2.431 million compared to TWD 355,000 a year ago. Net loss was TWD 1.598 million compared to net income of TWD 469,000 a year ago. Basic loss per share from continuing operations was TWD 0.05 compared to basic earnings per share from continuing operations of TWD 0.01 a year ago. For the half year, sales was TWD 317.063 million compared to TWD 237.991 million a year ago. Operating income was TWD 10.220 million compared to operating loss of TWD 856,000 a year ago. Net income was TWD 8.809 million compared to net loss of TWD 1.256 million a year ago. Basic earnings per share from continuing operations was TWD 0.28 compared to basic loss per share from continuing operations of TWD 0.04 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.