Est Global Apparel Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
May 06, 2021 at 02:45 pm EDT
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Est Global Apparel Co.,Ltd announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 184.436 million compared to TWD 124.870 million a year ago. Operating income was TWD 7.789 million compared to operating loss of TWD 1.211 million a year ago. Net income was TWD 10.407 million compared to net loss of TWD 1.725 million a year ago. Basic earnings per share from continuing operations was TWD 0.33 compared to basic loss per share from continuing operations of TWD 0.06 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.