Ww Holding Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 30, 2021 at 11:37 pm EDT
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WW Holding Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 1,424.498 million compared to TWD 905.857 million a year ago. Operating income was TWD 58.356 million compared to operating loss of TWD 17.391 million a year ago. Net income was TWD 60.119 million compared to net loss of TWD 25.827 million a year ago. Basic earnings per share from continuing operations was TWD 1 compared to basic loss per share from continuing operations of TWD 0.43 a year ago. For the half year, sales was TWD 2,581.377 million compared to TWD 2,042.299 million a year ago. Operating income was TWD 10.207 million compared to operating loss of TWD 4.900 million a year ago. Net income was TWD 15.237 million compared to net loss of TWD 11.957 million a year ago. Basic earnings per share from continuing operations was TWD 0.25 compared to basic loss per share from continuing operations of TWD 0.2 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. 
