Kwong Lung Enterprise Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023 at 05:20 pm EST
Share
Kwong Lung Enterprise Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 2,185.22 million compared to TWD 3,210.4 million a year ago. Revenue was TWD 2,185.22 million compared to TWD 3,210.4 million a year ago. Net income was TWD 213.34 million compared to TWD 369.59 million a year ago. Basic earnings per share from continuing operations was TWD 1.44 compared to TWD 2.78 a year ago. Diluted earnings per share from continuing operations was TWD 1.42 compared to TWD 2.45 a year ago.
For the nine months, sales was TWD 6,399.21 million compared to TWD 8,152.8 million a year ago. Revenue was TWD 6,399.21 million compared to TWD 8,152.8 million a year ago. Net income was TWD 563.1 million compared to TWD 809.37 million a year ago. Basic earnings per share from continuing operations was TWD 3.86 compared to TWD 5.79 a year ago. Diluted earnings per share from continuing operations was TWD 3.69 compared to TWD 5.06 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.