Eclat Textile Co (儒鴻) yesterday projected that sales this quarter would be flat or slightly higher than the previous quarter, as brand clients are expected to resume orders after reaching healthier inventory levels.
The company’s optimistic outlook is also supported by some orders being deferred from last quarter to this quarter due to shipping schedule problems, Eclat spokesperson Tiffany Lin (林芬如) told the state-run Central News Agency.
As brand clients reported stronger-than-expected sales over the year-end holiday shopping season in the US, the company is cautiously optimistic about this year’s business prospects, with order visibility of about six months from now, Lin said.
Photo: Fang Wei-chieh, Taipei Times
Eclat, which counts global brands such as Nike Inc, Gap Inc, Target Corp, Lululemon Athletica Inc and Under Armour Inc among its top customers, yesterday reported that revenue for last month rose 14.12 percent from November to NT$3.3 billion (US$104.5 million).
However, the figure fell 3.57 percent from a year earlier, the company said in a regulatory filing.
Lin said last month’s sales performance would have been even better, as about NT$450 million worth of orders were deferred to this year due to shipping schedule issues.
Fourth-quarter revenue was NT$9.26 billion, down 3.83 percent from the previous quarter and 3.2 percent from a year earlier.
The figure was lower than market expectations of NT$9.69 billion, according to data compiled by Yuanta Securities Investment and Consulting Co (元大投顧), which had projected NT$9.68 billion.
Eclat’s full-year revenue totaled NT$37.99 billion for last year, representing an annual increase of 3.15 percent. Yuanta had expected NT$38.41 billion.
Yuanta expects Eclat’s operating momentum this year to be sustained by stable orders, with revenue projected to increase 4.03 percent year-on-year to NT$39.52 billion, it said in a note.
“For 2026, Eclat will continue its development projects with brand clients, with likely three new clients — including one US brand, one retail channel, and one brand operating across European and Asian markets,” Yuanta said.
“Meanwhile, expectations for rising prices will push consumers to purchase in advance, likely helping brands to digest inventory. We also expect the FIFA World Cup to boost restocking orders and demand this year, helping drive a sales recovery for Eclat,” it added.
Nvidia Corp chief executive officer Jensen Huang (黃仁勳) on Monday introduced the company’s latest supercomputer platform, featuring six new chips made by Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), saying that it is now “in full production.” “If Vera Rubin is going to be in time for this year, it must be in production by now, and so, today I can tell you that Vera Rubin is in full production,” Huang said during his keynote speech at CES in Las Vegas. The rollout of six concurrent chips for Vera Rubin — the company’s next-generation artificial intelligence (AI) computing platform — marks a strategic
Enhanced tax credits that have helped reduce the cost of health insurance for the vast majority of US Affordable Care Act enrollees expired on Jan.1, cementing higher health costs for millions of Americans at the start of the new year. Democrats forced a 43-day US government shutdown over the issue. Moderate Republicans called for a solution to save their political aspirations this year. US President Donald Trump floated a way out, only to back off after conservative backlash. In the end, no one’s efforts were enough to save the subsidies before their expiration date. A US House of Representatives vote
REVENUE PERFORMANCE: Cloud and network products, and electronic components saw strong increases, while smart consumer electronics and computing products fell Hon Hai Precision Industry Co (鴻海精密) yesterday posted 26.51 percent quarterly growth in revenue for last quarter to NT$2.6 trillion (US$82.44 billion), the strongest on record for the period and above expectations, but the company forecast a slight revenue dip this quarter due to seasonal factors. On an annual basis, revenue last quarter grew 22.07 percent, the company said. Analysts on average estimated about NT$2.4 trillion increase. Hon Hai, which assembles servers for Nvidia Corp and iPhones for Apple Inc, is expanding its capacity in the US, adding artificial intelligence (AI) server production in Wisconsin and Texas, where it operates established campuses. This
US President Donald Trump on Friday blocked US photonics firm HieFo Corp’s US$3 million acquisition of assets in New Jersey-based aerospace and defense specialist Emcore Corp, citing national security and China-related concerns. In an order released by the White House, Trump said HieFo was “controlled by a citizen of the People’s Republic of China” and that its 2024 acquisition of Emcore’s businesses led the US president to believe that it might “take action that threatens to impair the national security of the United States.” The order did not name the person or detail Trump’s concerns. “The Transaction is hereby prohibited,”
RSS