Fulgent Sun International Co., Ltd. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 2016; Provides Earnings Guidance for First Quarter of Fiscal 2017
January 10, 2017
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Fulgent Sun International (Holding) Co., Ltd. reported unaudited consolidated earnings results for the fourth quarter and year ended December 2016. For the quarter, sales were TWD 2,267,357,000 against TWD 2,029,116,000 a year ago. Net profit was TWD 222,834,000 against TWD 27,294,000 a year ago. EPS was TWD 1.62 against TWD 0.21 a year ago.
For the year, sales were TWD 9,079,845,000 against TWD 9,045,958,000 a year ago. Net profit was TWD 702,261,000 against TWD 115,397,000 a year ago. EPS was TWD 5.23 against TWD 0.88 a year ago.
2017 Spring/Summer product shipment is expected to reach peak until January. Fulgent Sun continues to hold an optimistic view on 2017 first quarter outlook and the relevant operating profit trend will continue.
Fulgent Sun International (Holding) Co., Ltd. is a Taiwan-based company principally engaged in the Original Equipment Manufacturer (OEM) production and sales of sports shoes and outdoor shoes, as well as the agent distribution of sports and leisure outdoor products. The Company's main products include outdoor shoes, sports shoes and others. The Company distributes its products in domestic market and to overseas markets, such as Europe, the Americas and the rest areas of Asia.
Fulgent Sun International Co., Ltd. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 2016; Provides Earnings Guidance for First Quarter of Fiscal 2017