Taipei, March 10, 2010 (CENS)--Makalot Industrial Co., Taiwan`s leading garment maker, scored revenues of US$415 million last year and its pretax earnings per-share (EPS) reached a high of US$0.24.

L.P. Chou, chairman, indicated that Makalot`s revenues in 2009 showed a slight annual growth of 1.6%, yet the profits doubled to about US$25 million, with gross profit rate of 21.4%. With the global economy recovering, he predicted the company`s total shipment this year is very likely to grow by 20%-25% to 8.5-9 million dozens of garments.

Last year Makalot saw an annual drop of 5.5% in unit quotation and this year the price might keep falling by about 6%, Chou estimated. Nevertheless, the company expects to receive growing orders this year from Kohl`s and Old Navy, its two major clients in the United States, as well as first orders from H&M and Zara, its new clients in Europe.

To meet the ballooning demand, Makalot is expanding overseas operations by adding 42 production lines in Vietnam, 12 lines in Indonesia and 20 lines in Cambodia. This year the company`s plants in China will likely turn out about 2.5 million dozens of garments as usual, with operations in Vietnam, Indonesia and Cambodia to altogether produce one million more dozens of garments.

(by Judy Li)