WW Holding Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 11:34 pm EST
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WW Holding Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 2,106.7 million compared to TWD 2,313.64 million a year ago. Net income was TWD 226.46 million compared to TWD 205.29 million a year ago. Basic earnings per share from continuing operations was TWD 3.71 compared to TWD 3.42 a year ago. Diluted earnings per share from continuing operations was TWD 3.68 compared to TWD 3.4 a year ago.
For the nine months, sales was TWD 6,023.62 million compared to TWD 6,401.91 million a year ago. Net income was TWD 489.89 million compared to TWD 485.34 million a year ago. Basic earnings per share from continuing operations was TWD 8.07 compared to TWD 8.09 a year ago. Diluted earnings per share from continuing operations was TWD 7.76 compared to TWD 8 a year ago.
WW Holding Inc. is a Cayman Islands-based holding company primarily engaged in sports equipment and boutique bag production. Its sports business focuses on producing sports equipment, including sports gloves, protective gear, sports bags, golf bags, and other sporting goods and sports medical protective equipment. Its fashion business provides a collection of handbags, including clutches, totes, backpacks, wallets, business bags, and suitcases. The Company has two reportable segments: the sports equipment business and the luxury bag business. The former manufactures sports products, protection kits, and sports-related commercial products, while the latter manufactures leather bags, backpacks, luggage, commercial bags, and relevant accessories. Its subsidiaries are Wellpower Commerce Holding Co., Limited, Wilson Group Holdings Limited (SAMOA), Global Worth Investment Holding Ltd., and Virtue King International Limited. Its production sites are in China, Vietnam, Thailand, and Cambodia.
WW HOLDING INC. 
