Universal Textile Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 13, 2019 at 09:08 am EDT
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Universal Textile Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced total revenue was TWD 331.839 million compared to TWD 429.757 million a year ago. Operating loss was TWD 8.407 million compared to TWD 6.945 million a year ago. Net loss was TWD 5.668 million compared to TWD 975,000 a year ago. Basic loss per share was TWD 0.04 compared to TWD 0.01 a year ago. For the half year, total revenue was TWD 723.237 million compared to TWD 804.050 million a year ago. Operating loss was TWD 17.039 million compared to TWD 25.952 million a year ago. Net loss was TWD 9.418 million compared to TWD 16.158 million a year ago. Basic loss per share was TWD 0.07 compared to TWD 0.12 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.
UNIVERSAL TEXTILE CO., LTD. 