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

Courtesy: American Apparel

Apparel/Garments | On 25th Feb 2017

Gildan to make some American Apparel products outside US

Gildan Activewear, which recently acquired US fashion brand American...

Courtesy: Kolon Sport

Apparel/Garments | On 25th Feb 2017

Kolon Sport to set up JV with ANTA for Chinese market

Kolon Sport, an outdoor gear and clothing brand of Korea based Kolon...

Designer Karishma Jumani with Niraj Jawanjal, founder and director of IIFW. Courtesy: IIFW

Textiles | On 25th Feb 2017

IIFW to bring together premium lingerie brands

India Intimate fashion Week (IIFW), dedicated to showcasing the...

Interviews View All

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Kerem Durdag
Biovation II LLC

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

Urs Stalder
Sanitized AG

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

Marten Alkhagen
Swerea IVF AB

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Wendell Rodricks
Wendell Rodricks

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

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