Est Global Apparel Co.,Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 04, 2021 at 02:15 am IST
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Est Global Apparel Co.,Ltd reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 148.51 million compared to TWD 117.24 million a year ago. Net loss was TWD 2.5 million compared to TWD 8.86 million a year ago. Basic loss per share from continuing operations was TWD 0.08 compared to TWD 0.28 a year ago.
For the nine months, sales was TWD 465.57 million compared to TWD 355.23 million a year ago. Net income was TWD 6.31 million compared to net loss of TWD 10.12 million a year ago. Basic earnings per share from continuing operations was TWD 0.2 compared to basic loss per share from continuing operations of TWD 0.32 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.