Universal Textile Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 25, 2021 at 03:42 pm EDT
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Universal Textile Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced total revenue was TWD 917.470 million compared to TWD 1,370.531 million a year ago. Operating loss was TWD 121.883 million compared to TWD 60.167 million a year ago. Net loss was TWD 57.906 million compared to TWD 40.278 million a year ago. Basic loss per share was TWD 0.44 compared to TWD 0.3 a year ago.
UNIVERSAL TEXTILE CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and sales of textile products. Its products include textured yarns, filament suit fabrics, lightweight fabrics for womenâs apparels, filament and staple fiber yarn cross weaving fabrics and polyester textured yarns. The Company is also engaged in the importing and exporting of raw materials, materials and finished products, as well as the leasing and sales of commercial buildings and residential buildings. The Company operates businesses through textile segment and false twist segment. The Company operates businesses in domestic and overseas markets, including Asia, Europe, America and other regions.
UNIVERSAL TEXTILE CO., LTD. 
