Quang Viet Enterprise Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 07, 2020 at 09:11 am EDT
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Quang Viet Enterprise Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced total revenue was TWD 1,846.115 million compared to TWD 2,315.912 million a year ago. Operating loss was TWD 144.385 million compared to TWD 60.567 million a year ago. Net loss was TWD 54.469 million compared to TWD 53.654 million a year ago. Basic loss per share was TWD 0.53 compared to TWD 0.52 a year ago.
Quang Viet Enterprise Co Ltd is primarily engaged in the apparel manufacturing business. The Company is mainly engaged in the manufacture of down jackets, high-end technical jackets and warm clothing. The products mainly include down jackets, resin cotton garments, high-grade knitted garments, other general jackets, high-end technical functional jackets, suits, trousers, shorts, high-level swimwear, rhythm suits, high-quality sleeping bags, among others, as well as high-end down materials including goose down, duck down, among others. The Company mainly distributes its products in North America, Mainland China, Europe, Japan, Russia and other markets.