Quang Viet Enterprise Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 06, 2020 at 02:40 pm EDT
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Quang Viet Enterprise Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was TWD 3,174.336 million compared to TWD 4,037.192 million a year ago. Operating income was TWD 310.608 million compared to TWD 531.265 million a year ago. Net income was TWD 242.435 million compared to TWD 372.679 million a year ago. Basic earnings per share was TWD 2.35 compared to TWD 3.61 a year ago. Diluted earnings per share was TWD 2.19 compared to TWD 3.6 a year ago. For the half year, total revenue was TWD 5,020.451 million compared to TWD 6,353.104 million a year ago. Operating income was TWD 166.223 million compared to TWD 470.698 million a year ago. Net income was TWD 187.966 million compared to TWD 319.025 million a year ago. Basic earnings per share was TWD 1.82 compared to TWD 3.09 a year ago. Diluted earnings per share was TWD 1.74 compared to TWD 3.08 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.
QUANG VIET ENTERPRISE CO., LTD. 
