Universal Textile Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 10, 2021
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Universal Textile Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was TWD 268.568 million compared to TWD 317.536 million a year ago. Operating loss was TWD 16.472 million compared to TWD 4.183 million a year ago. Net loss was TWD 14.212 million compared to TWD 1.816 million a year ago. Basic loss per share was TWD 0.11 compared to TWD 0.01 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. 
