Drake Gold Resources Inc. announced earnings results for the quarter ended September 30, 2014. The company reported revenue of $741,469 were strong this quarter caused by a robust, wholesale appetite for Universal Apparel's textiles. The demand for Universal Apparel's product continues to remain strong for the upcoming quarter as the company is in negotiations with many, new wholesalers.

However, the net profit for the quarter was relatively low because of both the sudden increase in material prices as well as higher labor costs in its overseas factories. The company considers this as an anomaly and do not expect this to continue in coming quarters.