Est Global Apparel Co.,Ltd Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 13, 2019 at 12:34 am IST
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Est Global Apparel Co.,Ltd announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 210.303 million compared to TWD 186.201 million a year ago. Operating income was TWD 10.541 million compared to TWD 12.650 million a year ago. Net income was TWD 10.800 million compared to TWD 12.951 million a year ago. Basic earnings per share was TWD 0.34 compared to TWD 0.56 a year ago. For the nine months, sales was TWD 414.927 million compared to TWD 476.954 million a year ago. Operating income was TWD 16.931 million compared to TWD 26.933 million a year ago. Net income was TWD 28.820 million compared to TWD 29.040 million a year ago. Basic earnings per share was TWD 0.92 compared to TWD 1.25 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.