Est Global Apparel Co.,Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 03:08 am IST
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Est Global Apparel Co.,Ltd reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 126.87 million compared to TWD 183.16 million a year ago. Net income was TWD 18.03 million compared to TWD 22.07 million a year ago. Basic earnings per share from continuing operations was TWD 0.57 compared to TWD 0.7 a year ago. Diluted earnings per share from continuing operations was TWD 0.57 compared to TWD 0.7 a year ago.
For the nine months, sales was TWD 357.24 million compared to TWD 585.11 million a year ago. Net income was TWD 29.47 million compared to TWD 61.75 million a year ago. Basic earnings per share from continuing operations was TWD 0.94 compared to TWD 1.97 a year ago. Diluted earnings per share from continuing operations was TWD 0.94 compared to TWD 1.97 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.