Feng Tay Enterprises Co., Ltd. Reports Unaudited Unconsolidated Earnings Results for the Month and Year to Date Ended December 31, 2012
January 16, 2013 at 06:39 am EST
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Feng Tay Enterprises Co., Ltd. reported unaudited unconsolidated earnings results for the month and year to date ended December 31, 2012. For the month, the company reported operating income of TWD 65 million and pre-tax net income of TWD 182 million.
As of December 31, 2012, operating income totaled TWD 738 million. Pre-tax and after-tax net income amounted to TWD 1,930 million and TWD 1,687 million, respectively. Earnings per share was TWD 3.15.
Feng Tay Enterprises Co Ltd is a Taiwan-based company principally engaged in the manufacture of sports shoes. The Company is also engaged in the research and development and manufacture of casual shoes, skating shoes, snow boots, snowboarding boots, bicycle shoes, helmets and equipment for golf balls and footballs, baseball shoes, shoe parts and components and shoe molds, as well as the wholesales of daily goods. The Company operates through two segments. The Shoes Manufacturing and Trading segment is mainly engaged in the manufacture and sale of sports shoes. Others segment is mainly engaged in investment holding and goods retailing. The Company operates businesses in Americas, Europe and Asia, among others.