Eclat Textile Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 02, 2023 at 04:23 pm EDT
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Eclat Textile Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 7,972.81 million compared to TWD 10,712.68 million a year ago. Net income was TWD 1,558.11 million compared to TWD 2,169.89 million a year ago. Basic earnings per share from continuing operations was TWD 5.68 compared to TWD 7.91 a year ago. Diluted earnings per share from continuing operations was TWD 5.68 compared to TWD 7.91 a year ago.
For the nine months, sales was TWD 22,291.53 million compared to TWD 32,105.87 million a year ago. Net income was TWD 3,776.83 million compared to TWD 5,998.2 million a year ago. Basic earnings per share from continuing operations was TWD 13.77 compared to TWD 21.86 a year ago. Diluted earnings per share from continuing operations was TWD 13.77 compared to TWD 21.86 a year ago.
Eclat Textile Co Ltd is a Taiwan-based company principally engaged in the garments and fabrics business. The Companyâs primary products include active wear, performance wear, ready to wear, seamless wear, flexible knit fabrics, organic cotton fabrics, lyocell fiber fabrics, rayon fiber fabrics, polymer fiber fabrics, anti-bacterial fabrics and others. Its fabrics are mainly used in the production of sportswear, casual garments, underwear and swimsuits. The Company mainly operates through two business segments. The Knitted Fabrics segment is mainly engaged in the production and sale of knitted fabrics. The Ready-made Garments segment is mainly engaged in the manufacture, processing and trading of garments. The Company mainly operates its business in Taiwan, the Americas and other Asian markets.