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Texwinca sees fast growth

Article Abstract:

Casual wear manufacturer Texwinca Holdings Ltd. has attracted investor attention due to its fast growth. Texwinca owns the Baleno brand of casual wear and has established 70 outlets in China alone. The company projects that its number of stores will grow to 120 stores by the end of 1997 and in 1998 the number will grow to 250. The Baleno brand currently commands 10% of the mainland China casual wear market, compared to its competitor, Giordano, which holds 35% of the market. Texwinca has established Baleno stores in Hong Kong, Taiwan and Macau.

Author: Cummins, Chip
Publisher: Dow Jones & Company, Inc.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1997
APPAREL AND OTHER TEXTILE PRODUCTS, China, Market share, Clothing industry, Clothing and dress, Clothing, Texwinca Holdings Inc.

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US market helps boost Tungtex result by 29%

Article Abstract:

Tungtex Holdings posted a net profit of HK$85.96 mn for the year ended 31 March 1998, up 29.63% from the same period of 1997. Turnover increased 19.97% to HK$1.378 bn for the year. The company attributed the rise in net profit to good performance of its core operation of apparel manufacturing and export for the year. Besides, its retail business in China continued to provide a positive contribution. *

Comment:

Posts net profit of HK$85.96 mil for year ended 3/31/98, up by 29.63% from the same period of 1997

Publisher: Sing Tao Limited
Publication Name: HK Standard
Subject: Business, international
ISSN:
Year: 1998
Sales, profits & dividends, Hong Kong, Article, Tungtex (Holdings) Company Ltd.

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Big planes, fast trains and no language hassles

Article Abstract:

Technological change will have a profound impact on the way people travel. For example, aircraft builders are already envisioning large planes which can easily carry 1,000 or more passengers at unprecedented distances. New high-speed, large capacity watercraft capable of moving at speeds up to 300 mph are already under development in Japan.

Author: Jones, Clive B.
Publisher: Dow Jones & Company, Inc.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
Forecasts and trends, Transportation

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