Everest Textile Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 29, 2021 at 08:56 pm IST
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Everest Textile Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 7,343.877 million compared to TWD 8,863.627 million a year ago. Operating loss was TWD 851.834 million compared to TWD 41.640 million a year ago. Net loss was TWD 936.987 million compared to TWD 271.959 million a year ago. Basic loss per share was TWD 1.94 compared to TWD 0.56 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.