Everest Textile Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 29, 2020 at 08:52 am EDT
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Everest Textile Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 8,863.627 million compared to TWD 9,405.379 million a year ago. Operating loss was TWD 41.640 million compared to operating Income of TWD 237.577 million a year ago. Net loss was TWD 271.959 million compared to net income of TWD 157.365 million a year ago. Basic loss per share was TWD 0.56 compared to basic earnings per share of TWD 0.33 a year ago.
EVEREST TEXTILE CO., LTD is a Taiwan-based company principally engaged in the manufacture, processing, dyeing and distribution of textile products. The Company provides finished fabrics and processing yarns, including polyester textured yarns, suede fabrics, lycra elastic woven materials, ultra-thin fiber fabrics, functional high density fabrics, pre-dyed fabrics, waterproof fabrics, quick-drying fabrics, smart fabrics, ultra-light fabrics and others. The Company distributes its products mainly to overseas markets, including Europe, the Americas, Japan, South Korea, Hong Kong, the Middle East, Southeast Asia, Australia and others.