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Nonwoven manufacturer expect growth in revenue this year

Related Keywords: Nan Liu Enterprise, Nonwoven manufacturing, Zhejiang factory

Nan Liu Enterprise Co, Nonwoven manufacturer expects 23 percent growth in revenue this year with higher utilization rate at its Zhejiang factory in China. Last year it recorded the NT$4.57 billion (US$152 million).

Chuang Chun-chin, a finance manager at the Greater Kaohsiung-based company, said that their revenue will reach a higher level this year because of a series of capacity expansions in the second half of last year.

The utilization rate of their new capacity will be at its highest in the second quarter.

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