Tainan Enterprise Co., Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 23, 2023
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Tainan Enterprise (Cayman) Co., Limited reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 480.52 million compared to TWD 321.55 million a year ago. Revenue was TWD 480.52 million compared to TWD 321.55 million a year ago. Net income was TWD 17.36 million compared to net loss of TWD 2.75 million a year ago. Basic earnings per share from continuing operations was TWD 0.5243 compared to basic loss per share from continuing operations of TWD 0.0777 a year ago. Diluted earnings per share from continuing operations was TWD 0.5243 compared to diluted loss per share from continuing operations of TWD 0.0777 a year ago.
For the six months, sales was TWD 1,059.22 million compared to TWD 781.31 million a year ago. Revenue was TWD 1,059.22 million compared to TWD 781.31 million a year ago. Net income was TWD 69.08 million compared to TWD 33.6 million a year ago. Basic earnings per share from continuing operations was TWD 2.068 compared to TWD 1.0097 a year ago. Diluted earnings per share from continuing operations was TWD 2.068 compared to TWD 1 a year ago.
Tainan Enterprise (Cayman) Co Ltd is mainly engaged in the design, development, production and sales of its own brand clothing. The Company is also engaged in the sales agency sales of foreign brand clothing. The Company's own brands include TONYWEAR, TONY JEANS, TONY UOMO, TJL, emely and Emely Sweetie. The Company represents brands including FILA, Champion and Reebok. The Company is also engaged in the buying and selling of department stores.