Everest Textile holds its 2025 shareholders' meeting

        Everest Textile held its regular shareholders' meeting on May 23, during which the 2024 annual financial statements were approved. In 2024, the consolidated revenue reached NTD 8.264 billion, an annual increase of 5%, and the after tax earnings per share were NTD -0.41; In the first quarter of 2025, the revenue will reach NTD 2.173 billion, an increase of 12% compared to the same period last year. After tax earnings per share will be NTD 0.05, indicating a significant improvement in financial health. The company's operating results have steadily rebounded, mainly due to actively promoting precise sales strategies and effective inventory management, successfully eliminating excess inventory, improving capital utilization efficiency, and driving overall business performance to become stronger. In addition to consolidating its operational foundation, Everest Textile has simultaneously strengthened its digital management and strategic transformation, demonstrating the dual results of steady growth and continuous improvement of operational efficiency.

        In 2024, Everest Textile actively responds to the global trend of net zero emissions and continues to invest in the research and application of low-carbon innovative products, including environmentally friendly Wuhan Far Eastern New Materials such as carbon capture films, water-based PU, and bio films. It also promotes the development and mass production of rTPEE and bio nylon films, gradually establishing a recycled economy model with T2T (Textile to Textile) as the core, and creating an exclusive green supply chain. In terms of smart manufacturing, Everest Textile has fully introduced AI data analysis technology to optimize inventory, accurately grasp market demand, and reduce resource waste. At the same time, by combining green processes and 5G dedicated frequency plans, it continues to build smart factories, improve production response speed and overall manufacturing efficiency, and strengthen the sustainable competitiveness and global market layout of its products.

        Looking ahead to 2025, Everest Textile will further focus on four core value strategies: "global layout and local cultivation", "highly differentiated green product research and development", "global succession team and mid-level management system construction", and "AI digital lean management and intelligent production". It will continue to uphold the group's core values of "sincerity, diligence, simplicity, prudence, and innovation", deepen its global vision, enhance market forecasting capabilities, and respond to rapidly changing industrial environments and geopolitical challenges.

        The current international situation is intensifying, including the volatile US China trade situation, major central banks entering a cycle of interest rate cuts, divergent US economic data, and increased uncertainty in the global investment market, leading to higher instability and restructuring pressure on the supply chain. Faced with multiple challenges brought about by the US policy of reciprocal tariffs, Everest Textile's local factories in the US have instead demonstrated a strategic niche, avoiding high import taxes, shortening supply chain paths, and meeting the needs of American manufacturing. They not only effectively reduce production costs and operational risks, but also significantly enhance delivery stability and brand trust, becoming a key part of the company's global layout.

        Everest Textile is well aware that future industry competition will not only rely on cost and efficiency, but also on sustainable strength and adaptability. Therefore, the company will continue to implement the blueprint of comprehensive transformation and upgrading, strengthen its internal structure, promote the dual track goal of sustainability and profitability, work together with stakeholders to create a win-win situation, and steadily move forward and reach new heights at the critical moment of global industrial reshaping.

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