Everest Textile Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 07:25 am EST
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Everest Textile Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 2,157.526 million compared to TWD 2,227.090 million a year ago. Operating loss was TWD 14.310 million compared to operating Income of TWD 39.889 million a year ago. Net loss was TWD 80.221 million compared to net income of TWD 29.087 million a year ago. Basic loss per share was TWD 0.17 compared to basic earnings per share of TWD 0.06 a year ago. For the nine months, sales was TWD 6,416.288 million compared to TWD 6,754.447 million a year ago. Operating income was TWD 79.195 million compared to TWD 160.359 million a year ago. Net loss was TWD 61.179 million compared to net income of TWD 145.655 million a year ago. Basic loss per share was TWD 0.13 compared to basic earnings per share of TWD 0.3 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. 
