Trade Resources Economy San Shing's Combine Sales Revenues Totaled NT$411 Million,Falling by 13.72% M-O-M

San Shing's Combine Sales Revenues Totaled NT$411 Million,Falling by 13.72% M-O-M

San Shing Fastech Corp., one of the major steel nuts producers in Taiwan has announced its combine sales revenues in this February totaled NT$411 million, falling by 13.72% from a month ago and decreasing by 3.95% year on year. The major reason for this decreasing is because of the fewer working days in February. However, San Shing said its order received quantity in the first quarter of this year has improved a little bit from a quarter ago and the company said their current capacity utilization is about 80% in whole first quarter. To look into the second quarter, San Shin said its capacity utilization could still able stay at the same level and its average selling price could also rise slightly; thus, the company's sales could keep going firmly in the second quarter.

Source: http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=63446&division=A6
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San Shing Expects Q2 Sales to Stay Firmly
Topics: Metallurgy