Universal Textile Co. Ltd. Reports Earnings Results for the Full Year Ended December 31, 2018
March 26, 2019 at 08:10 am
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Universal Textile Co. Ltd. announced earnings results for the full year ended December 31, 2018. For the full year, the company announced total revenue was TWD 1,572.270 million compared to TWD 1,609.971 million a year ago. Operating loss was TWD 47.487 million compared to TWD 24.777 million a year ago. Net loss was TWD 24.156 million compared to net income of TWD 12.441 million a year ago. Basic loss per share was TWD 0.17 compared to basic earnings per share of TWD 0.09 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. 
