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Taiwan's Makalot targets 10% sales growth in 2012
02
Feb '12
Makalot Industrial Co. Ltd., one of Taiwan's leading apparel manufacturers, aims to achieve a 10 percent year-on-year growth in its revenue during the current year, despite a slowdown in global economy.

In 2011, Makalot grossed total revenue of NT$ 15.123 billion, registering a year-on-year growth of 12 percent, mainly owing to improvement in its operating efficiency.

If the company continues to efficiently manage and control its operating costs, its earnings in 2012 may cross NT$ 17 billion.

Makalot's performance normally depends on economic conditions of the US market, which accounts for over 90 percent of the company's sales. Major US-based global brands and retailers such as GAP, Target, Wal-Mart and Kohl's procure apparels from the company.

European and Asian clients account for only 10 percent of Makalot's business.

Makalot's production lines are completely booked for the first quarter and orders are pouring in for the second quarter of the current year.

Fibre2fashion News Desk - India

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