TAIWAN: Fabric Weavers Post Fall In Profits
Several fabric makers listed on the Taiwan Stock Exchange, including one of the country's largest producers of denim - Nien Hsing Textile Co Ltd - have posted substantial falls in profits. Nien Hsing Textile Co Ltd saw its October pre-tax profit of NT$122 million drop by 25.61 per cent from one year earlier when it stood at NT$164m.