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Makalot Q2 pre-tax profit jumps 7%

17 Jul '13
1 min read

Tawian-based Makalot Industrial Co. Ltd., which supplies apparel to global brands like Target, macy’s and H&M, has posted a pre-tax profit of NT$ 362.88 million during the quarter ending June 30, 2013.
 
The company’s pre-tax profit during the quarter grew 7.04 percent year-on-year, but declined by 19.53 percent on a quarter-on-quarter basis.
 
Makalot expects its overseas shipments to increase during the current quarter, owing to rising orders from US buyers.
 
The company employs over 26,000 people across Indonesia, Vietnam, Cambodia, China and the Philippines.
 

Fibre2fashion News Desk - India

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