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OFCO Annual Revenue Expected to Double in 2011

 
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2011-12-22
The peak season at the end of the year makes its effect. The sales volume of Taiwan leading construction bolts manufacturer OFCO Industrial Corp. have created several monthly records. So far the company’s current orders have been placed until the end of Q1 2012. The legal person expects OFCO’s 2011 annual revenue will amount to NTD800 million , exhibiting a multiple growth over last year.
 
OFCO ‘s main products include hex bolts, hex socket cap screws, and high tension bolts as high value-added components mainly used in motor vehicles and machine tools and also for technology facilities and construction purposes such as luxury houses. OFCO said in spite of the poor performance of the overall global economy, demands for high value-added motor vehicles and high-grade constructions still grow. Thus its shipments maintain smooth.
 
In November 2011, the OFCO screws sales volume reached over 1,600 metric tons as the highest monthly volume record. It forecasts that the sales in December have an opportunity to hit a new record high, challenging a single month sales record of 2,000 metric tons.
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