Quaker Fabric Corp., once among the region’s dominant textile manufacturers, has asked Nasdaq to delist its stock after trading ends tomorrow.

Only five years ago, Quaker generated $365.44 million in sales and recorded net income of $11.56 million. But the upholstery maker, buffeted by low-priced imports from China, has seen sales and profits shrink precipitously.

Quaker is now dismantling a business that was built 62 years ago and became an important distributor to Crate and Barrel and La-Z-Boy.

On July 2, the first day of its annual two-week summer shutdown, Quaker disclosed that it was failing to repay its lenders.

The Fall River plant did not reopen on July 16, leaving 930 employees — mostly Portuguese immigrants with limited education and language skills — with no paycheck or health care.

At the time, company executives suggested that Quaker could resume operations if it were acquired or if it could restructure its $34.2-million debt.

But on July 23, Quaker dashed hopes of a resurrection, announcing the hiring of Newport-based RAS Management Advisors to manage “the liquidation of the assets of the company.”

RAS has begun soliciting bids for Quaker’s machinery, raw materials, inventory and real estate, according to federal filings.

The notice to Nasdaq, disclosed in a filing to the U.S. Securities and Exchange Commission late Monday, is the latest sign of Quaker’s demise.

In the filing, Quaker said that on Tuesday, Aug. 7, it had asked Nasdaq to terminate the QFAB listing on the stock exchange.

Quaker first appeared on Nasdaq in 1993. The company’s stock is expected to be traded on the exchange for the last time tomorrow, according to Wayne Lee, a Nasdaq spokesman.

In a separate filing on Monday, Quaker said it would not file an earnings report for the second three months of this year. Though Quaker operated during April, May and June, the employees who would normally prepare the filing have all been laid off, Quaker said.

Cynthia L. Gordan, Quaker’s general counsel, did not respond to a request for comment yesterday.

Quaker stock closed at 6 cents a share yesterday, down 1 cent or 14.8 percent. Company shares traded as high as $1.60 last summer and have averaged $1.06 over the past year.

But the stock price plummeted early last month, and it never recovered. Volume increased as several large shareholders divested their holdings. On July 3, for example, 2 million shares changed hands.

Despite sluggish sales, Quaker’s closure surprised many employees, including some who had spent decades churning out upholstery fabric and specialty yarns for the manufacturer.

At least 960 former Quaker employees have filed for Massachusetts unemployment benefits, including employees who lost their jobs before the July closure but had expected to be rehired, according to the Massachusetts Department of Labor and Workforce Development.

In all, 526 former Quaker employees have filed for state-subsidized health insurance, and 533 have asked for Trade Adjustment Assistance, a U.S. Department of Labor program that assists workers hurt by international trade.

Last week, the Fall River Career Center held meetings with former Quaker employees who are interested in learning English. Similar sessions have dispensed advice about job training, as former machine operators discover how scarce manufacturing jobs have become in New England.

YESTERDAY, Quaker employees received a rare piece of good news, when the Department of Labor announced that it had approved a National Emergency Grant of $617,515 to assist former Quaker staff.

The money will pay for career counseling and job search assistance at a special career center being established in Fall River for former Quaker employees, according to Linnea Walsh, spokeswoman for the Massachusetts Department of Labor and Workforce Development.

Massachusetts has set aside $250,000 to help establish the reemployment center, where four former Quaker workers have been hired as staff.

It is scheduled to open next month, Walsh said.

“While my preference would be to make changes in our national economic policies that would prevent these kinds of closures from happening, as long as they do occur, we need to do all we can to see that those who lose their jobs receive as much help as possible,” U.S. Rep. Barney Frank said in a statement yesterday.

Several federal lawmakers who represent Massachusetts have called for Quaker to give back pay and health-care coverage for former Quaker employees, saying the company failed to warn workers at least 60 days before the plant closed.

In a letter sent last month, the lawmakers — U.S. Senators John F. Kerry and Edward M. Kennedy and U.S. Rep. James P. McGovern — asked Labor Secretary Elaine L. Chao yesterday to investigate whether Quaker had violated the Worker Adjustment and Retraining Act, known as WARN.

The law, passed in 1988, compels companies with at least 100 employees to provide a minimum of 60 days’ notice before closing a plant.

Yesterday, Kerry released Chao’s response. In a letter signed by Emily Stover DeRocco, assistant secretary for the Employment and Training Administration, DeRocco said the Department of Labor “has neither the investigative or enforcement authority under WARN.”

Employees who allege a violation of WARN, DeRocco said, must hire a lawyer and file suit in U.S. District Court.

bgedan@projo.com