Everest Textile Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 12, 2021 at 05:11 pm EDT
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Everest Textile Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 2,205.415 million compared to TWD 1,165.254 million a year ago. Operating income was TWD 89.971 million compared to operating loss of TWD 246.935 million a year ago. Net income was TWD 39.683 million compared to net loss of TWD 220.436 million a year ago. Basic earnings per share was TWD 0.11 compared to basic loss per share of TWD 0.59 a year ago. For the half year, sales was TWD 4,347.567 million compared to TWD 3,036.191 million a year ago. Operating income was TWD 160.132 million compared to operating loss of TWD 396.640 million a year ago. Net income was TWD 59.680 million compared to net loss of TWD 372.095 million a year ago. Basic earnings per share was TWD 0.16 compared to basic loss per share of TWD 0.99 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.