Kwong Lung Enterprise Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 07, 2020 at 04:01 am EDT
Share
Kwong Lung Enterprise Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 2,636.355 million compared to TWD 3,082.283 million a year ago. Operating income was TWD 245.300 million compared to TWD 270.986 million a year ago. Net income was TWD 180.897 million compared to TWD 229.905 million a year ago. Basic earnings per share was TWD 1.03 compared to TWD 2.04 a year ago. Diluted earnings per share was TWD 1.03 compared to TWD 1.77 a year ago. For the half year, sales was TWD 4,663.868 million compared to TWD 5,187.251 million a year ago. Operating income was TWD 273.344 million compared to TWD 275.565 million a year ago. Net income was TWD 203.696 million compared to TWD 240.534 million a year ago. Basic earnings per share was TWD 1.21 compared to TWD 2.15 a year ago. Diluted earnings per share was TWD 1.21 compared to TWD 1.88 a year ago.
Kwong Lung Enterprise Co., Ltd. is a Taiwan-based company principally engaged in the cleaning and processing of down materials, as well as the processing of garments. The company is also engaged in the manufacture and sales of feather bedding and home textile products. The company's garments mainly include jackets, warm clothes, outdoor functional sleeping bags and military clothing. The Company mainly distributes its products in Asia, the Americas and other markets.
KWONG LUNG ENTERPRISE CO., LTD. 
