Ever-Glory (EVK) Reports Q2 Loss of $0.26 on Revenues of $50.1M

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Ever-Glory Reports Second Quarter 2020 Financial Results

August 14, 2020 5:30 AM EDT

NANJING, China, Aug. 14, 2020 /PRNewswire/ -- Ever-Glory International Group, Inc. (the "Company" or "Ever-Glory") (NASDAQ: EVK), a retailer of branded fashion apparel and a leading global apparel supply chain solution provider, reported its financial results today for the second quarter ended June 30, 2020.

Mr. Yihua Kang, Chairman, President and Chief Executive Officer of Ever-Glory, said, "During the second quarter, we maintained our focus on developing the retail business through our multi-brand strategy and store network optimization initiative, while improving our wholesale business by upgrading customer portfolio and enhancing our account... More