Makalot Industrial Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 05, 2020 at 03:44 am IST
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Makalot Industrial Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 8,026.627 million compared to TWD 7,697.985 million a year ago. Operating income was TWD 1,031.278 million compared to TWD 764.665 million a year ago. Net income was TWD 797.161 million compared to TWD 647.014 million a year ago. Basic earnings per share was TWD 3.63 compared to TWD 2.94 a year ago. Diluted earnings per share was TWD 3.61 compared to TWD 2.93 a year ago. For the nine months, sales was TWD 18,883.046 million compared to TWD 20,597.798 million a year ago. Operating income was TWD 2,070.861 million compared to TWD 1,898.662 million a year ago. Net income was TWD 1,577.855 million compared to TWD 1,489.451 million a year ago. Basic earnings per share was TWD 7.18 compared to TWD 6.77 a year ago. Diluted earnings per share was TWD 7.14 compared to TWD 6.75 a year ago.
Makalot Industrial Co., Ltd. is a Taiwan-based company principally engaged in the design, manufacture and sales of garments. The Company's main products are categorized into fashion apparel, sports apparel and sleeping apparel, including long short pants, T-shirts, dresses, shirts, pajamas, sports suits, skirts, vests, knitwear and jackets. The Company also provides materials development, supplier search and management, style design, fashion trends provision, manufacturing, research and development, logistics and electronic information exchange services. The Company distributes its products in domestic market and to overseas markets, including the United States and others.