Quang Viet Enterprise Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 04, 2023 at 06:08 am EDT
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Quang Viet Enterprise Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 4,753.16 million compared to TWD 4,824.05 million a year ago. Net income was TWD 255.62 million compared to TWD 334.09 million a year ago. Basic earnings per share from continuing operations was TWD 2.48 compared to TWD 3.23 a year ago. Diluted earnings per share from continuing operations was TWD 2.29 compared to TWD 2.98 a year ago.
For the six months, sales was TWD 7,410.34 million compared to TWD 7,830.6 million a year ago. Net income was TWD 209.54 million compared to TWD 344.12 million a year ago. Basic earnings per share from continuing operations was TWD 2.03 compared to TWD 3.33 a year ago. Diluted earnings per share from continuing operations was TWD 1.94 compared to TWD 3.1 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.