Est Global Apparel Co.,Ltd Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 13, 2020 at 03:42 pm EDT
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Est Global Apparel Co.,Ltd announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 113.121 million compared to TWD 126.816 million a year ago. Operating income was TWD 355,000 compared to TWD 4.378 million a year ago. Net income was TWD 469,000 compared to TWD 6.299 million a year ago. Basic earnings per share was TWD 0.01 compared to TWD 0.2 a year ago. For the half year, sales was TWD 237.991 million compared to TWD 204.624 million a year ago. Operating loss was TWD 856,000 compared to operating Income of TWD 6.390 million a year ago. Net loss was TWD 1.256 million compared to net income of TWD 18.020 million a year ago. Basic loss per share was TWD 0.04 compared to basic earnings per share of TWD 0.58 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.