Major garment producers revamp global operations for profits
04 Jun '05
3 min read
Compared to April, the firm's monthly revenue in May and June is projected to see a sharp rise of more than 60 percent, and total revenue for the two months are estimated at NT$1.7 billion (US$50 million at US$1 = NT$34). In the next quarter, Makalot's shipment is predicted to expand to 1.6 million dozens and the figure for the full year is forecast to hit a record high of 5.1 million dozens.
Tainan Enterprise maintains a small operating scale in Taiwan, with its local production accounting for less than 10 percent of the firm's total output. Even though, the company is now considering to reduce the output by its plant on the island, as the plant is suffering operating losses this year.
The company's operations in the mainland now reports a monthly shipment value of US$1.7 million, almost double the corresponding figure of last year. Tainan Enterprise indicated that the operation in the mainland is now regarded the most efficient of all overseas footholds, and generates relatively thick profits as well.
To be more competitive, Nan-Woei is also actively restructuring its overseas operations. Its plant in Mexico is now focusing on the manufacture of T-shirts and gaining stable profits. And its plant in Swaziland, southern Africa, started to turn profitable this year and will streamline the presently complicated production lines soon.
marketing@alchempro.com
