Fabric manufacturer Dogi International Fabrics SA expects its bottom line to break even by the end of the year after first-quarter net loss grew to €0.71 million from €0.66m in the same quarter last year.

First-quarter sales dropped to €34.7m from €38.5m as a surge in Chinese textile exports hurt 'lower added value' lines.

However, Dogi said that it is witnessing signs of an upturn in orders at its Spanish production plants and expects the effects of new capacity at its Chinese plant to become meaningful soon.