Feng Tay Enterprises Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 10, 2023 at 04:29 pm EST
Share
Feng Tay Enterprises 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 23,072.9 million compared to TWD 25,881.16 million a year ago. Net income was TWD 1,688.88 million compared to TWD 2,722.3 million a year ago. Basic earnings per share from continuing operations was TWD 1.71 compared to TWD 2.76 a year ago.
For the nine months, sales was TWD 63,232.07 million compared to TWD 73,039.5 million a year ago. Net income was TWD 3,635.29 million compared to TWD 7,377.92 million a year ago. Basic earnings per share from continuing operations was TWD 3.68 compared to TWD 7.47 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.