San Shing Fastech Corp., one of the major fasteners manufacturers in Taiwan, announced that its combined sales revenue in this August totaled NT$612 million, growing by 4.4% month on month and 37.95% year on year. The company said its sales revenue from steel nut business has kept going up and its wire rod business has risen slightly. Meanwhile, its August sales revenue was the best number so far in this year. San Shing said its total combined sales revenue in the first eight months of this year amounted to NT$4.239 billion, increasing by 13.31% year on year. The market analyst said the increasing demand from automobile industry is the major reason to help San Shing's sales to go up, and the analyst expected San Shing's third-quarter sales might grow.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=66238&division=A6
