Everest Textile Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 13, 2021 at 05:07 pm
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Everest Textile Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 2,142.152 million compared to TWD 1,870.937 million a year ago. Operating income was TWD 70.161 million compared to operating loss of TWD 149.705 million a year ago. Net income was TWD 19.997 million compared to net loss of TWD 151.659 million a year ago. Basic earnings per share was TWD 0.04 compared to basic loss per share of TWD 0.31 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.