TAIWAN: Rising Denim Sales Boost Nien Hsing’s Monthly Revenue
Leading Taiwanese denim and jeans maker, Nien Hsing Textile Co, announced on Wednesday that its consolidated revenue during November rose eight per cent to NT$722.7 million from NT$666.7m in the year ago period. The company added that its consolidated revenue in the January-November period rose 22 per cent to NT$9.12 billion from NT$7.49bn compared to the same period last year, with revenue increase attributed to soaring denim sales.