(Forgot your password?)?
News 

San Shing Reports Fair Q2 Operation Owing to Shipments Influenced by Late European Orders

 
Add to my favorite
2015-06-17
As San Shing’s shipments were kind of influenced by late European orders, its combined revenue in April and May declined and the operating result in Q2 did not show any sign of recovery. Market analysts forecast that San Shing’s gross profit in Q2 may be slightly lower than that in Q1 owing to weak euro, however, the non-operating loss is expected to turn well from Q1. The total orders placed to San Shing in Q3 will be quite equivalent to those in Q2, but everything cannot be so sure before the actual shipments result is announced.

San Shing is the largest automotive nut manufacturer in the world and its products are mainly shipped to Tier 1 fastener suppliers of car manufacturers. Its nuts sales currently represent 50-60% of it total revenue, screws sales represent 10-20% of its total revenue, and wires/molds represent the rest of the proportion. Although San Shing announced extra capacity this year, its profit was still reduced owing to depreciation of euro.
扣件
國際展會
惠達雜誌
匯達實業
外銷媒合
廣告刊登
螺絲五金
五金工具
紧固件
台灣扣件展
印度新德里螺絲展
越南河內螺絲展
墨西哥瓜達拉哈拉螺絲展
美國拉斯維加斯螺絲暨機械設備展
波蘭克拉科夫螺絲展
義大利米蘭螺絲展
德國司徒加特螺絲展
FAIR INDIA
FASTENER FAIR VIETNAM
FASTENER FAIR MEXICO
FASTENER POLAND
FASTENER FAIR ITALY
FASTENER FAIR GLOBAL
FASTENER WORLD
Save and share
 
 
READ NEXT

Subscribe