Makalot's Revenues Slightly Drop by 2.17% in May

Influenced by the recent anti-Chinese riots in Vietnam, Makalot Industrial Co., Taiwan's leading garment maker, saw its revenue slightly drop 2.7% to 2.17% to NT$1.41 billion (US$47 million) in May but surge  sharply 11.2% from a year earlier.

In the first five months the company's revenues expanded to NT$8.07 billion (US$269 million) for a sizable annual growth of 16.6%, and the maker expects production lines to be fully booked in the third quarter.

As long as global business climates remain  stable, Makalot is expected to reach the output goal of 12.5 million dozens of garments for the full year.

In addition to Taiwan, Makalot has five plants in China, Vietnam, Indonesia, and Cambodia, with output ratio of 6%, 28%, 34% and 26%, respectively. Currently the company is a major contractor of fashion brands as Uniqlo, H&M, GAP, Old Navy, A&F and ZARA. (JL)