Home / Knowledge / News / Apparel/Garments / Taiwanese apparel firm Makalot's revenue jumps
Taiwanese apparel firm Makalot's revenue jumps
22
Aug '12
Makalot Industrial Co, a leading Taiwanese apparel manufacturer, has registered a 27.43 percent year-on-year jump in its pre-tax earnings in July 2012, taking the company’s pre-tax earnings in the first seven months of the current year to NT$ 895 million.
 
The company’s revenues grew by 8.62 percent year-on-year to NT$ 7.872 billion during January-July period.
 
During the first quarter of 2012, the Taiwanese apparel brand exported 2.31 million dozen garments, followed by another 2.11 million dozen garments in the second quarter.
 
The company’s apparel exports in the third quarter are expected to cross 2.5 million dozen mark as it has bagged orders from some new customers.
 
Currently, the average sales price of Makalot’s garments is about 5 percent lower compared to last year owing to lower prices of raw materials and decrease in consumption.
 
However, the firm’s profit in 2012 is expected to be better than last year as the third quarter is the peak season and the company has received good number of orders.
 
Makalot’s decision to relocate several of its manufacturing lines from China to Cambodia and Indonesia in view of the rising wages in China would also help the firm in increasing its revenue and profit during the remaining part of the year.
 

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

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Karin Ekberg
Leadership & Sustainability

Sustainable models are beneficial for brands, retailers and manufacturers

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Tony Ward
Tony Ward

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

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