Everest Textile Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 12, 2019 at 05:22 pm EDT
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Everest Textile Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 2,006.860 million compared to TWD 2,156.870 million a year ago. Operating income was TWD 51.097 million compared to TWD 26.814 million a year ago. Net income was TWD 3.924 million compared to TWD 74.003 million a year ago. Basic earnings per share was TWD 0.01 compared to TWD 0.16 a year ago. For the half year, sales was TWD 4,258.762 million compared to TWD 4,527.357 million a year ago. Operating income was TWD 93.505 million compared to TWD 120.470 million a year ago. Net income was TWD 19.042 million compared to TWD 116.568 million a year ago. Basic earnings per share was TWD 0.04 compared to TWD 0.25 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.