Quang Viet Enterprise Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 08, 2022 at 05:06 am EST
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Quang Viet Enterprise Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 7,785.3 million compared to TWD 4,375.89 million a year ago. Net income was TWD 923.88 million compared to TWD 286.08 million a year ago. Basic earnings per share from continuing operations was TWD 8.94 compared to TWD 2.77 a year ago. Diluted earnings per share from continuing operations was TWD 8.14 compared to TWD 2.56 a year ago.
For the nine months, sales was TWD 15,615.89 million compared to TWD 9,323.88 million a year ago. Net income was TWD 1,268 million compared to TWD 497.14 million a year ago. Basic earnings per share from continuing operations was TWD 12.27 compared to TWD 4.81 a year ago. Diluted earnings per share from continuing operations was TWD 11.23 compared to TWD 4.49 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.