Universal Apparel and Textile Company (OTC:DKGR) is pleased to announce that it has completed and files its quarterly report including financial statements for the period ended June 30th, 2015. Revenues were $1,000,776 with a net income of $42,106 for the quarter which was almost 30% more than the 1st quarter , 2015 revenues. Mr. Kabir, director of Universal Apparel and Textile (OTC:DKGR), commented, "we are very excited about the revenue growth especially since the company still has a substantial backlog of work orders. Our factories are continuously producing high quality merchandise for our long lasting repeat customers. At this juncture, our merchandise demand is so high that we can’t take on any new customers without expanding our manufacturing facilities in Bangladesh. We are evaluating various options to increase our production capacities. ”
Updates will be forthcoming.
This release includes forward-looking statements, which are based on certain assumptions and reflects management’s current expectations. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of these factors include: general global economic conditions; general industry and market conditions, sector changes and growth rates; uncertainty as to whether our strategies and business plans will yield the expected benefits; increasing competition; availability and cost of capital; the ability to identify and develop and achieve commercial success; the level of expenditures necessary to maintain and improve the quality of services; changes in the economy; changes in laws and regulations, including codes and standards, intellectual property rights, and tax matters; or other matters not anticipated; our ability to secure and maintain strategic relationships and distribution agreements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise