Est Global Apparel Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2020
March 15, 2021 at 05:50 pm EDT
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Est Global Apparel Co.,Ltd announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 450.276 million compared to TWD 586.845 million a year ago. Operating loss was TWD 19.939 million compared to operating Income of TWD 33.472 million a year ago. Net loss was TWD 27.907 million compared to net income of TWD 44.376 million a year ago. Basic loss per share from continuing operations was TWD 0.89 compared to basic earnings per share from continuing operations of TWD 1.42 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.