Kwong Lung Enterprise Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023 at 07:01 pm EDT
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Kwong Lung Enterprise Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 2,467.94 million compared to TWD 2,832.46 million a year ago. Net income was TWD 254.47 million compared to TWD 294.35 million a year ago. Basic earnings per share from continuing operations was TWD 1.68 compared to TWD 1.88 a year ago. Diluted earnings per share from continuing operations was TWD 1.68 compared to TWD 1.88 a year ago.
For the six months, sales was TWD 4,213.99 million compared to TWD 4,942.4 million a year ago. Net income was TWD 349.75 million compared to TWD 439.78 million a year ago. Basic earnings per share from continuing operations was TWD 2.31 compared to TWD 2.92 a year ago. Diluted earnings per share from continuing operations was TWD 2.31 compared to TWD 2.92 a year ago.
Kwong Lung Enterprise Co., Ltd. is a Taiwan-based company principally engaged in the cleaning and processing of down materials, as well as the processing of garments. The company is also engaged in the manufacture and sales of feather bedding and home textile products. The company's garments mainly include jackets, warm clothes, outdoor functional sleeping bags and military clothing. The Company mainly distributes its products in Asia, the Americas and other markets.
KWONG LUNG ENTERPRISE CO., LTD. 
