Premco Global — Narrow Fabric (A critical component for inner wear)

thanks dhiraj

I am not able to undersetand why their margins are a full 1500 bps higher than their next nearest competitor which incidentally also has a plant in the same state, purchases the same RM and exports to hanes too.

Gross margins look comparable but premco’s overheads and asset turns seem far superior. Would you know if they run more shifts, automate a larger number of processes etc.

I am invested but am looking to get this answered.