Tainan Enterprise Co., Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 25, 2022
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Tainan Enterprise (Cayman) Co., Limited reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 321.55 million compared to TWD 248.97 million a year ago. Revenue was TWD 321.55 million compared to TWD 248.97 million a year ago. Net loss was TWD 2.75 million compared to net income of TWD 0.354 million a year ago. Basic loss per share from continuing operations was TWD 0.08 compared to basic earnings per share from continuing operations of TWD 0.0093 a year ago. Diluted loss per share from continuing operations was TWD 0.08 compared to diluted earnings per share from continuing operations of TWD 0.0093 a year ago.
For the six months, sales was TWD 781.31 million compared to TWD 706.62 million a year ago. Revenue was TWD 781.31 million compared to TWD 706.62 million a year ago. Net income was TWD 33.6 million compared to TWD 37.8 million a year ago. Basic earnings per share from continuing operations was TWD 1.04 compared to TWD 1.17 a year ago. Diluted earnings per share from continuing operations was TWD 1.03 compared to TWD 1.16 a year ago.
Tainan Enterprise (Cayman) Co., Limited is a Taiwan-based holding company. Through its subsidiaries, the Company operates its businesses primarily through the design, development, production and distribution of apparels with proprietary brands and accessories. The Company provides men's and women's apparels under brands named TONY WEAR, TONY JEANS, emely and Emely Sweetie. The Company provides leisure apparels, sports wear and accessories, among others. It distributes its products primarily in Mainland China and other Asian markets.