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

Textiles | On 29th Apr 2017

Textile sector may have uniform GST rate: Irani

The textile sector could have a uniform Goods and Services Tax (GST)...

Textiles | On 30th Apr 2017

Government revamping tech mission on cotton

Indian Government is working to revamp the technology mission on...

Apparel/Garments | On 30th Apr 2017

Columbia Sportswear records Q1 net sales of $543.8 mn

Columbia Sportswear Company has announced record net sales of $543.8...

Interviews View All

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Rupa Sood and Sharan Apparao
Nayaab

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

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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

news category


Related Categories:
April 2017

April 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X