Universal Textile Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 11, 2022
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Universal Textile Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 349.88 million compared to TWD 268.57 million a year ago. Net loss was TWD 1.87 million compared to TWD 14.21 million a year ago. Basic loss per share from continuing operations was TWD 0.01 compared to TWD 0.11 a year ago. Diluted loss per share from continuing operations was TWD 0.01 compared to TWD 0.11 a year ago. Basic loss per share was TWD 0.01 compared to TWD 0.11 a year ago. Diluted loss per share was TWD 0.01 compared to TWD 0.11 a year ago.
UNIVERSAL TEXTILE CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and sales of textile products. Its products include textured yarns, filament suit fabrics, lightweight fabrics for womenâs apparels, filament and staple fiber yarn cross weaving fabrics and polyester textured yarns. The Company is also engaged in the importing and exporting of raw materials, materials and finished products, as well as the leasing and sales of commercial buildings and residential buildings. The Company operates businesses through textile segment and false twist segment. The Company operates businesses in domestic and overseas markets, including Asia, Europe, America and other regions.