Eclat builds capacity at new Vietnam plants

20/08/2018
Taiwanese textile maker Eclat has cited the steady recovery in end-market demand for its products and the gradual expansion of its production capacity as key reasons for increases in both its revenue and net profit during the first half of 2018.

The company has reported revenue of NT$15.88 billion ($520 million) for the first six months of the year, 21.5% higher than for the same period of 2017. Its net profit for this period was NT$2.1 billion ($68 million), almost double the figure of last year. 

Eclat has been steadily building capacity at its two new garment manufacturing plants in Vietnam. Taiwanese media reports that they have now reached 60% capacity and are likely to reach 90% by the end of 2018.