Everest Textile Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 13, 2020 at 06:00 pm IST
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Everest Textile Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 1,870.937 million compared to TWD 2,251.902 million a year ago. Operating loss was TWD 149.705 million compared to operating Income of TWD 42.408 million a year ago. Net loss was TWD 151.659 million compared to net income of TWD 15.118 million a year ago. Basic loss per share was TWD 0.31 compared to basic earnings per share of TWD 0.03 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.
EVEREST TEXTILE CO., LTD. 
