Universal Textile Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 11, 2021
Share
Universal Textile Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was TWD 291.422 million compared to TWD 164.889 million a year ago. Operating loss was TWD 13.484 million compared to TWD 50.023 million a year ago. Net income was TWD 657,000 compared to net loss of TWD 31.431 million a year ago. Basic earnings per share was TWD 0.01 compared to basic loss per share of TWD 0.24 a year ago. For the half year, total revenue was TWD 559.990 million compared to TWD 482.425 million a year ago. Operating loss was TWD 29.956 million compared to TWD 54.206 million a year ago. Net loss was TWD 13.555 million compared to TWD 33.247 million a year ago. Basic loss per share was TWD 0.1 compared to TWD 0.25 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. 
