Kingmaker outlines plans for the future
Hong Kong-based Kingmaker Footwear Holdings Ltd , a major producer of Timberland boots, has posted a 15% rise in output in the first quarter ended June 30 over the previous three month period.
Kingmaker says it plans to invest HK$200 million (US$130 million) in capital expenditure over the next two years, including new production lines at an existing factory in Vietnam and a brand new manufacturing site at Zhongshan, southern China. It also intends to concentrate more on the production of women’s footwear.