Makalot's Profits Grow 26.29% to NT$1.18B. in First 7 Months

Makalot Industrial Co., Taiwan's leading garment maker, scored pretax profits of NT$158 million (US$5.27 million) in July for a sizable year-on-year growth of 26.29%, with  the profits totaling NT$1.188 billion (US$39.6 million) in the first seven months for earnings per share (EPS) of NT$7 (US$0.23).

Since Q3 and Q4 are peak seasons for garment shipment, Makalot will very likely reach its 2014 shipment goal of 12.5 million dozens. Some 70% of orders received for 2015 spring and summer have been confirmed.

Thanks to economic recovery in the U.S., Europe and Japan, Makalot has witnessed obvious rise in orders. To meet such rising demand, the company has recently expanded production lines in Indonesia, Cambodia and Vietnam, and will maintain in-house production at 80% and that of  outsourcing at 20%.

Due to increasing demand for heat-generating clothing, Makalot will see thriving business in H2 and its major clients include Walmart, Target, GAP, ZARA, GU, etc. (JL)

Makalot's Performance in 2012, 2013, & first 7 Months of 2014
Year	2012	2013	First 7 months of 2014
Revenues (NT$B)	15.86	17.91	11.218
Profits (NT$B)	1.17	1.42	1.188
EPS (NT$)	7.17	8.02	7.0