2012-03-21 Class:Fastener
Benefited from the recovery of the US market and growth of demand, Ta Chen International, Inc. (TCI) in the US estimates the 2012 full year combined sales would reach NTD44 billion, up 7% compared to that of 2011.
TCI said that with eight locations in the US, it has become the important stainless steel channel in the local market. The US TCI only estimated a gross profit margin of 11% and the monthly sales to be about USD95 to100 million. Since the sales scale is big, after removing the fixed fees, the company still maintains steady profit growth. (…)
