Feng Tay Enterprises Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2019
May 14, 2019 at 01:47 am IST
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Feng Tay Enterprises Co., Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was TWD 16,912.217 million compared to TWD 14,832.839 million a year ago. Operating income was TWD 1,928.326 million compared to TWD 1,170.483 million a year ago. Net income was TWD 1,476.134 million compared to TWD 762.815 million a year ago. Basic earnings per share was TWD 2.21 compared to TWD 1.14 a year ago.
Feng Tay Enterprises Co Ltd is a Taiwan-based company principally engaged in the manufacture of sports shoes. The Company is also engaged in the research and development and manufacture of casual shoes, skating shoes, snow boots, snowboarding boots, bicycle shoes, helmets and equipment for golf balls and footballs, baseball shoes, shoe parts and components and shoe molds, as well as the wholesales of daily goods. The Company operates through two segments. The Shoes Manufacturing and Trading segment is mainly engaged in the manufacture and sale of sports shoes. Others segment is mainly engaged in investment holding and goods retailing. The Company operates businesses in Americas, Europe and Asia, among others.