Quang Viet Enterprise Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 10, 2020 at 03:09 pm EST
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Quang Viet Enterprise Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 5,421.870 million compared to TWD 6,790.205 million a year ago. Operating income was TWD 292.144 million compared to TWD 864.697 million a year ago. Net income was TWD 280.296 million compared to TWD 672.371 million a year ago. Basic earnings per share was TWD 2.71 compared to TWD 6.5 a year ago. Diluted earnings per share was TWD 2.52 compared to TWD 6.5 a year ago. For the nine months, sales was TWD 10,442.321 million compared to TWD 13,143.309 million a year ago. Operating income was TWD 458.367 million compared to TWD 1,335.395 million a year ago. Net income was TWD 468.262 million compared to TWD 991.396 million a year ago. Basic earnings per share was TWD 4.53 compared to TWD 9.59 a year ago. Diluted earnings per share was TWD 4.26 compared to TWD 9.58 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. 
