Universal Textile Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 29, 2020 at 02:04 pm
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Universal Textile Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 1,342.323 million compared to TWD 1,527.738 million a year ago. Net loss was TWD 40.278 million compared to TWD 24.156 million a year ago. Basic loss per share was TWD 0.3 compared to TWD 0.17 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. 
