Kwong Lung Enterprise Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 13, 2021 at 06:49 pm EDT
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Kwong Lung Enterprise Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 2,395.457 million compared to TWD 2,408.929 million a year ago. Operating income was TWD 126.649 million compared to TWD 240.050 million a year ago. Net income was TWD 131.719 million compared to TWD 180.897 million a year ago. Basic earnings per share was TWD 1 compared to TWD 1.03 a year ago. Diluted earnings per share was TWD 0.88 compared to TWD 1.03 a year ago. For the half year, sales was TWD 4,085.777 million compared to TWD 4,237.105 million a year ago. Operating income was TWD 163.140 million compared to TWD 262.959 million a year ago. Net income was TWD 260.159 million compared to TWD 203.696 million a year ago. Basic earnings per share was TWD 1.98 compared to TWD 1.21 a year ago. Diluted earnings per share was TWD 1.73 compared to TWD 1.21 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.