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Article Date: June 2022
Word Count: 129

Feng Tay Grows Double Digits in Q1

Net income attributable to shareholders at the Taiwanese sneaker and sporting goods manufacturer rose 26% in the first quarter to NT$ 2,073.0 million ($69.6 mm) from NT$ 1,639.9 million on 16% higher revenues of NT$ 22,395.0 million ($751.8 mm) against NT$ 19,336.8 million. Gross margin was off 90 basis points to 23.5%. SG&A was up 13% including a 16% increase in marketing and administrative expenses ... Log in to view full article.


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