AMAZONIAN ADVENTURE:Despite revenue decreasing 2.9%, the company says it has orders for Amazon’s activewear brands and operating permits for Vietnamese factories

Taipei Times
Date: Nov 11, 2017
By: Kuo Chia-erh  /  Staff reporter

Textile and garment manufacturer Eclat Textile Co (儒鴻) yesterday said it anticipates a significant revenue contribution from its two new brand customers next year.

“One of the two new customers is to place a NT$200 million [US$6.63 million] order for textiles next year, while another one plans to purchase nearly NT$400 million worth of garments [from Eclat],” Eclat chairman Hung Chen-hai (洪鎮海) told an investors’ conference in Taipei.

In light of growing customer demand, Hung gave an optimistic business outlook for the first half of next year, saying that the company is likely to see a rebound in sales over the period.

“We expect sales to return to 2015 levels,” he told investors, declining to elaborate on Eclat’s margin outlook and possible product portfolio for next year.    [FULL  STORY]