China zipper sales push Talon Q2 profit up 22%

US: China zipper sales push Talon Q2 profit up 22%

Author: just-style.com | 20 August 2008

Apparel fasteners, trim and interlinings supplier Talon International Inc has posted a 22% hike in second quarter profit, helped by strong demand for its products in China.

For the three months to 30 June, net income rose to $0.6m from $0.49m a year earlier.

Quarterly net sales jumped 26% to $17.0m from $13.6m, boosted by sales of its zipper and trim products in South East Asia.

CEO Lonnie Schnell said: "The improvement is principally the result of new brand programs within the US and with our sales expansion within South East Asia, particularly China, for our zipper and trim products.

Sectors: Finance

Companies: Talon International