Universal Textile Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 10, 2021
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Universal Textile Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 324.1 million compared to TWD 188.36 million a year ago. Revenue was TWD 324.08 million compared to TWD 204.68 million a year ago. Net loss was TWD 9.33 million compared to TWD 12.88 million a year ago. Basic loss per share from continuing operations was TWD 0.07 compared to TWD 0.1 a year ago. Diluted loss per share from continuing operations was TWD 0.07 compared to TWD 0.1 a year ago.
For the nine months, sales was TWD 859.08 million compared to TWD 643.41 million a year ago. Revenue was TWD 884.07 million compared to TWD 687.11 million a year ago. Net loss was TWD 22.89 million compared to TWD 46.12 million a year ago. Basic loss per share from continuing operations was TWD 0.18 compared to TWD 0.35 a year ago. Diluted loss per share from continuing operations was TWD 0.18 compared to TWD 0.35 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. 
