Mon, Apr 01, 2013 - Page 14 News List

INTERVIEW: Makalot has high hopes for Fisso

Makalot Industrial Co, a supplier for global fashion brands such as H&M and Zara, on March 5 launched its own brand, Fisso, to target customers in Taiwan, selling its clothes online. Makalot’s chairman Frank Chou and Fisso brand director Sam Yen spoke to staff reporter Camaron Kao on Friday about the rationale behind the company’s new initiative and the firm’s business outlook

Chou: Our earnings per share have always been higher than NT$5 per share, except in 2008, when the global financial crisis happened. The basic principle for us to distribute the dividend is that we always give our shareholders what we earned a year ago. Furthermore, because the logic of running a brand and a manufacturing company are different, we want to make Fisso more independent from Makalot. Thus, we did not retain our earnings and increase investment in Fisso.

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