Feng Tay Enterprises Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 11, 2021
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Feng Tay Enterprises Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 12,590.44 million compared to TWD 17,299.3 million a year ago. Net loss was TWD 411.92 million compared to net income of TWD 1,452.7 million a year ago. Basic loss per share from continuing operations was TWD 0.47 compared to basic earnings per share from continuing operations of TWD 1.65 a year ago.
For the nine months, sales was TWD 51,625.12 million compared to TWD 51,340.15 million a year ago. Net income was TWD 2,928.95 million compared to TWD 3,668.53 million a year ago. Basic earnings per share from continuing operations was TWD 3.32 compared to TWD 4.16 a year ago.
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.
FENG TAY ENTERPRISES CO., LTD. 
