Makalot Industrial Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 02, 2023 at 11:35 am IST
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Makalot Industrial 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 9,272.07 million compared to TWD 9,407.34 million a year ago. Net income was TWD 1,322.8 million compared to TWD 1,109.96 million a year ago. Basic earnings per share from continuing operations was TWD 5.47 compared to TWD 4.59 a year ago. Diluted earnings per share from continuing operations was TWD 5.45 compared to TWD 4.57 a year ago.
For the nine months, sales was TWD 24,330.44 million compared to TWD 24,719.89 million a year ago. Net income was TWD 3,075.3 million compared to TWD 2,737.28 million a year ago. Basic earnings per share from continuing operations was TWD 12.72 compared to TWD 11.32 a year ago. Diluted earnings per share from continuing operations was TWD 12.66 compared to TWD 11.25 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.