Today's Information

Provided by: Sports Gear Co., Ltd.
SEQ_NO 2 Date of announcement 2022/04/15 Time of announcement 15:51:29
Subject
 Announcement of the Company's unaudited
consolidated financial results for 2022 1Q.
Date of events 2022/04/15 To which item it meets paragraph 51
Statement
1.Date of occurrence of the event:2022/04/15
2.Company name:Sports Gear Co., Ltd.
3.Relationship to the Company (please enter "head office" or
  "subsidiaries"):head office
4.Reciprocal shareholding ratios:N/A
5.Cause of occurrence:The Company announced its financial
 results for 2022 1Q.
6.Countermeasures:None.
7.Any other matters that need to be specified:
The Company announced its unaudited consolidated 2022 1Q
 as follows:
                                             Unit:NT$'000
               except earnings per share, which is in NT$
Item                        2022/1-3    2021/10-12   2021/1-3
--------------------------- ---------- ----------- ------------
Consolidated Sales          3,769,107   2,879,013   3,706,628
Gross Profit                  863,508     567,666     822,142
Gross Profit Margin (%)          22.9        19.7        22.2
Operating Expense             436,189     382,928     445,194
Operating Expense Ratio (%)      11.6        13.3        12.0
Operating Profit              427,319     184,738     376,948
Operating Profit Margin (%)      11.3         6.4        10.2
Income before Income Tax      463,577     193,468     366,394
Net Income                    348,828     144,155     291,643
Net Income attributable
to owners of the parent       349,597     145,264     291,643
Earnings per share               1.78        0.74        1.67
Sports Gear today announced its consolidated sales of NT$3.7
billion, net income of NT$ 349 million and earnings per share
 of NT$1.78 for 2022 1Q.
2022 1Q consolidated sales increased 30.9% while net income
 increased 142% compared with 2021 4Q .
2022 1Q also represented a 1.7% increase in consolidated sales
and a 19.6% increase in net income of the same quarter.

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Sports Gear Co. Ltd. published this content on 15 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 April 2022 07:59:02 UTC.