Sumeeko Expects to See Profit in Q3 (Though with Lower Revenue) and Peak in Q4 | Fastener World.

Article by · 2015/09/14 ·

The automotive fastener manufacturer Sumeeko reported revenue growth in Q2 this year, the quarterly EPS landed at NTD 1.31 (only a slight increase compared to Q1’s NTD 1.23 and less than the market forecast). As Q3 is usually a low season for most industrial customers, Sumeeko’s revenue in July dropped back to NTD 0.105 billion, the lowest record of the year. The market report shows that Sumeeko’s revenue in August was very close to the result in July and its revenue will increase only when there are more orders in September

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