Quang Viet Enterprise Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 03, 2023 at 04:29 am EDT
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Quang Viet Enterprise Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 6,513.42 million compared to TWD 7,785.3 million a year ago. Net income was TWD 650.13 million compared to TWD 923.88 million a year ago. Basic earnings per share from continuing operations was TWD 6.29 compared to TWD 8.94 a year ago. Diluted earnings per share from continuing operations was TWD 5.7 compared to TWD 8.14 a year ago.
For the nine months, sales was TWD 13,923.77 million compared to TWD 15,615.89 million a year ago. Net income was TWD 859.67 million compared to TWD 1,268 million a year ago. Basic earnings per share from continuing operations was TWD 8.31 compared to TWD 12.27 a year ago. Diluted earnings per share from continuing operations was TWD 7.63 compared to TWD 11.23 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.