Everest Textile Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 02:45 pm EST
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Everest Textile Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 1,836.131 million compared to TWD 2,157.526 million a year ago. Operating income was TWD 32.133 million compared to operating loss of TWD 14.310 million a year ago. Net income was TWD 9.537 million compared to net loss of TWD 80.221 million a year ago. Basic earnings per share was TWD 0.02 compared to basic loss per share of TWD 0.17 a year ago. For the nine months, sales was TWD 4,872.322 million compared to TWD 6,416.288 million a year ago. Operating loss was TWD 364.507 million compared to operating Income of TWD 79.195 million a year ago. Net loss was TWD 362.558 million compared to TWD 61.179 million a year ago. Basic loss per share was TWD 0.75 compared to TWD 0.13 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. 