According to the news report, San Shing Fastech, one of the major fasteners producers in Taiwan, the company’s sales revenue in 2010 is much better than that in last year.
San Shing’s products are mainly for automobile usage; about 85% of the company’s sales are coming from this part.
Because of the better auto market condition, the company earns sales profit by NT$350 million in the first three quarters of 2010.
Furthermore, market analyst expected the company might have NT$140 million net sales profit in this Q4.
News Date 12/27/2010 3:13:26 PM reported by Jack Lee
Source and full article via Yieh Corp Steel Market News.