Everest Textile Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 13, 2020 at 08:56 am EDT
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Everest Textile Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 1,165.254 million compared to TWD 2,006.860 million a year ago. Operating loss was TWD 246.935 million compared to operating Income of TWD 51.097 million a year ago. Net loss was TWD 220.436 million compared to net income of TWD 3.924 million a year ago. Basic loss per share was TWD 0.46 compared to basic earnings per share of TWD 0.01 a year ago. For the half year, sales was TWD 3,036.191 million compared to TWD 4,258.762 million a year ago. Operating loss was TWD 396.640 million compared to operating Income of TWD 93.505 million a year ago. Net loss was TWD 372.095 million compared to net income of TWD 19.042 million a year ago. Basic loss per share was TWD 0.77 compared to basic earnings per share of TWD 0.04 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.
EVEREST TEXTILE CO., LTD. 