Sysco, one of the major coating steel mills in Taiwan, has announced its combined sales revenue totaled NT$3.827 billion in the third quarter of this year, growing by 11.6% from a quarter ago. However, the weak average selling price caused its third-quarter gross sales profit rate to drop to 8.64% from 11.34% in the second quarter. Sysco’s after tax sales profit in first three quarters of 2013 amounted to NT$436 million, increasing from NT$105 million in the same periods of 2012. To look into the fourth quarter, Sysco said its December export orders have already been full booked and since its average selling price in the fourth quarter has risen higher than in the third quarter, the company should be able to have the firmly sales.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=67151&division=A6
