Est Global Apparel Co.,Ltd Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 02:34 pm
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Est Global Apparel Co.,Ltd announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 117.238 million compared to TWD 210.303 million a year ago. Operating loss was TWD 3.388 million compared to operating Income of TWD 10.541 million a year ago. Net loss was TWD 8.860 million compared to net income of TWD 10.800 million a year ago. Basic loss per share was TWD 0.28 compared to basic earnings per share of TWD 0.34 a year ago. For the nine months, sales was TWD 355.229 million compared to TWD 414.927 million a year ago. Operating loss was TWD 4.244 million compared to operating Income of TWD 16.931 million a year ago. Net loss was TWD 10.116 million compared to net income of TWD 28.820 million a year ago. Basic loss per share was TWD 0.32 compared to basic earnings per share of TWD 0.92 a year ago.
EST GLOBAL APPAREL CO.,LTD, formerly Free Power Energy Co., Ltd. is a Taiwan-based company mainly engaged in manufacture and distribution of textile products. The Company is involved in the manufacture and sale of long fibers and electric bicycles, and the development and trading of real estate lands. Its long fiber products are applied in the manufacture of curtains, sofa fabrics, garments, shoes, bags, cases and industrial fabrics, among others.