Fu Ta Material Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 13, 2021 at 05:33 pm
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Fu Ta Material Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 27.305 million compared to TWD 35.839 million a year ago. Operating loss was TWD 8.437 million compared to TWD 7.057 million a year ago. Net loss was TWD 6.981 million compared to TWD 3.176 million a year ago. Basic loss per share was TWD 0.15 compared to TWD 0.07 a year ago.
Fu Ta Material Technology Co Ltd is a Taiwan-based company principally engaged in the production and distribution of nylon yarns. The Company operates its businesses through three segments. The Spun Yarn segment is engaged in the production and sales of cotton yarns, artificial cotton yarns, blended yarns and synthetic fiber yarns. The Grey Cloth segment is engaged in the production, processing and trading of cotton fabrics, artificial silk fabrics, blended grey cloth and artificial grey cloth. The Electronic Material segment is engaged in the recycling of solar energy materials, such as silicon wafers and others. The Company distributes its products within domestic market and to overseas markets.
FU TA MATERIAL TECHNOLOGY CO., LTD. 
