Macro Textile Co. (1452) achieved consolidated revenue of NT$146 million in June, a 54.59% increase year-on-year, surpassing typical off-season trends. The second quarter revenue for the textile industry is expected to exceed market expectations. Processed yarn and synthetic fiber producers report that order visibility extends into the third quarter due to growing demand from brand clients. The second quarter is predicted to be the lowest point of the year, with stronger performance expected in the latter half.
Macro Textile's first half of the year saw a cumulative revenue of NT$779 million, reflecting a 44.65% annual growth.
Processed yarn manufacturers anticipate busy operations through mid-third quarter, based on two-quarter order visibility for the garment OEM industry. Cheng Shin, a nylon and processed yarn producer, noted a significant increase in market demand, order volumes, and production line utilization compared to last year. Downstream activities are positive, with rising long-term orders suggesting a healthier industry in the second half.
Polyester fiber maker Li Peng Enterprise Co. (1444) reported production line utilization rising from 60% last year to over 90% this year, with potential full capacity in the second half. The company expects its processed yarn operations to turn profitable in the second quarter. Major PET resin producers, including Far Eastern New Century and Shinkong Synthetic Fibers, anticipate full production and sales through the third quarter.