Everest Textile Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 01:08 am EST
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Everest Textile Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 2,021.9 million compared to TWD 2,666.56 million a year ago. Net loss was TWD 446.1 million compared to TWD 34.23 million a year ago. Basic loss per share from continuing operations was TWD 0.66 compared to TWD 0.05 a year ago. Diluted loss per share from continuing operations was TWD 0.66 compared to TWD 0.05 a year ago.
For the nine months, sales was TWD 5,555.33 million compared to TWD 7,608.49 million a year ago. Net loss was TWD 564.09 million compared to TWD 366.87 million a year ago. Basic loss per share from continuing operations was TWD 0.84 compared to TWD 0.54 a year ago. Diluted loss per share from continuing operations was TWD 0.84 compared to TWD 0.54 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. 
