Makalot, Tainan Enterprises saw 5-month EPS of NT$3.92, NT$2.82

Taipei, June 16, 2003 (CENS)--Makalot Industrial Co., Ltd. And Tainan Enterprises Co., Ltd., two local manufacturers of garments listed on the Taiwan Stock Exchange (TSE), recorded earnings per share (EPS) of NT$3.92 and NT$2.82, respectively, for the January-May period this year.

Makalot Industrial rang up pretax profit of NT$50.03 million last month, 2.96 times the NT$16.89 million posted in May 2002 and rising by 5.75% from the NT$47.31 million recorded in April this year. The company raked in cumulative pretax profit of NT$315 million in the first five months of this year, jumping by 53.66% from the NT$205 million registered in the same period of 2002 and translating into EPS of NT$3.92.

With revenue of NT$310 million for May, Tainan Enterprises brought in revenue of NT$1.819 billion in the first five months. Together with its subsidiaries in Indonesia and mainland China, the company garnered combined revenue of NT$550 million in May, going up by 11.71% from a year earlier. The five-month combined revenue came to NT$2.989 billion, a year-on-year rise of 15.68%.

Meanwhile, Tainan Enterprises reaped pretax profit of NT$65.1 million in May, growing by 29.2% from a year earlier. The company rang up pretax profit of NT$344 million in the January-May period, rising by 20.6% from the same period of last year and equivalent to EPS of NT$2.82 based on the current capital of NT$1.22 billion.

De Licacy Industrial Co., Ltd., a TSE-listed local producer of filament woven fabric, witnessed pretax profit of NT$22.1 million for last month slip by 32.23% from the NT$32.61 million registered in May last year but climb by 99.64% from the NT$11.07 million recorded in April this year. The company raked in five-month pretax profit of NT$97.47 million, attaining 29.54% of the NT$330 million projected for this year and translating into EPS of NT$0.51.