Far Eastern Department Stores, Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 14, 2021 at 02:39 am IST
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Far Eastern Department Stores, Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 7,083.303 million compared to TWD 7,949.000 million a year ago. Operating income was TWD 97.723 million compared to TWD 796.715 million a year ago. Net loss was TWD 126.204 million compared to net income of TWD 317.903 million a year ago. Basic loss per share was TWD 0.09 compared to basic earnings per share of TWD 0.23 a year ago. For the half year, sales was TWD 16,425.524 million compared to TWD 16,583.165 million a year ago. Operating income was TWD 1,372.280 million compared to TWD 1,446.890 million a year ago. Net income was TWD 577.008 million compared to TWD 395.794 million a year ago. Basic earnings per share was TWD 0.41 compared to TWD 0.28 a year ago.
Far Eastern Department Stores Ltd. is a Taiwan-based company principally engaged in the operation of department stores and supermarkets. The department stores operated by the Company provide apparels for men and women and children, furniture, home appliances, sports and leisure products and consumer electronics, among others. The Company mainly operates businesses in Taiwan and Mainland China. The Company is also involved in investment businesses, trading businesses, e-commerce businesses, credit cards businesses, the agency of advertisement and importers, as well as the leasing of constructions through its subsidiaries.