Home / Knowledge / News / Apparel/Garments / Tainan Enterprises earnings to grow
Tainan Enterprises earnings to grow
09
Aug '11
High quality fashion product specialist Tainan Enterprises Co. Ltd. has projected that its performance would be better this year.

The company estimates that its shipments would grow by 10 percent to 7.37 million dozens of garments during the ongoing July-September quarter, in spite of the third quarter normally being an off-season for apparel sector.

At the end of the current quarter, the company is expecting its total earnings to rise 15.9 percent to US$ 84 million and its earnings per share (EPS) to increase to US$ 0.027 from US$ 0.015.

The company currently operates 717 stores under its 'Tony Wear' brand, which it plans to increase to 800 by the end of 2011. It also has another 260 stores for 'Emely' brand and two exclusive 'Tony Town' outlets, which are planned to increase to 300 and 4, respectively.

Owing to the expansion of its outlets, Tainan's brand business is projected to grow 11 percent year-on-year to US$ 90.67 million. The company is expecting its net earnings to grow by 10 percent to US$ 342.53 million and its EPS will likely rise to US$ 0.122.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: BGMEA

Apparel/Garments | On 27th Feb 2017

'Brands & buyers should help Bangladeshi factory owners'

Brands and buyers should come forward to help factory owners in...

Apparel/Garments | On 27th Feb 2017

Myanmar sets up new committee to revise minimum wage

The Government of Myanmar has set up a new committee, replacing an...

Courtesy: PT Indonesia Taroko Textile

Textiles | On 27th Feb 2017

Taiwan's Lealea to buy Tarako textile plant in Indonesia

Taiwan based textile manufacturer Lealea Enterprise Company, one of...

Interviews View All

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search