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Textile and garment firms report profits, some all-time highs

Major textile and garment manufacturers Eclat Textile Co (儒鴻) and Makalot Industrial Co (聚陽) last week posted record profits for the first quarter on higher revenue and improved margins, while down jacket and outdoor garment maker Quang Viet Enterprise Co (廣越) reported a first-quarter profit for the first time, despite it usually being a low season. Eclat reported net profit of NT$1.79 billion (US$60.25 million) last quarter, up 31.9 percent annually, or earnings per share of NT$6.53...
T Ai Pei South Korea Quang Viet Puma Ag Eclat Textile Co Makalot Industrial Co

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Shoe factory owner ranked Taiwan's richest person

Shoe factory owner ranked Taiwan’s richest person Staff writer, with CNA Zhang Cong-yuan (張聰淵), founder of contract shoemaker Huali Industrial Group Co Ltd (華利集團), has taken the title of Taiwan’s richest person, with a net worth of US$13.8 billion, Forbes announced in its Taiwan’s Richest 2021 list. It was the first time that the low-key, self-made tycoon ranked No. 1 on Forbes’ list of the top 50 billionaires in Taiwan. Huali Industrial, which owns production facilities...
Dominican Republic Ting Hsin Republic Of T Ai Pei Yunlin County Yunlin Xian

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