Bags / Shoes & Accessories

The shoe factory announced today (7) its operating performance in May. The demand from terminal brands continued to be strong. Among them, Fengtai (9910-TW) had a revenue of 8.224 billion yuan in May, a monthly increase of 1.5% and an annual increase of 36.2%, hitting a new high for the same period. It is also the second highest in a single month; Zhiqiang-KY (6768-TW) revenue in May returned to the 1.5 billion yuan mark in the past two years, reaching 1.565 billion yuan, a monthly increase of 4.7% and an annual increase of 28.3%. New month high.

Fengtai's revenue in the first five months was 38.722 billion yuan, an annual increase of 20.46%, which also hit a new high for the same period; Zhiqiang-KY's revenue in the first five months was 6.829 billion yuan, an annual increase of 6.3%. In addition, Baihe (9938-TW)’s revenue in May was 1.75 billion yuan, a monthly decrease of 10% and an annual increase of 10.3%. The revenue in the first five months was 7.959 billion yuan, an annual decrease of 14.9%.

Fengtai said that in addition to actively improving production efficiency and management this year, Vietnam, Indonesia, and India will start expansion plans. The Vietnam factory will gradually transform into an automated factory and improve high-end shoe production technology. The Indonesian factory will be positioned as a For children's shoe foundries, India is developing towards mid-to-high-end shoe types and has a stable growth momentum.

The recent efforts of terminal brand owners to replenish their inventories have continued to increase the operation of shoe factories. Looking ahead, the legal person is optimistic. Fengtai's order visibility is better than that of its peers, and it is expected to win more customer orders. Operations continued to heat up.