(Forgot your password?)?
News 

SUMEEKO Revenue in October Grows 4.85%; Subsidiary MMG Gains More Orders

sumeeko_october_revenue_mmg_order_increase_7670_0.jpg
Add to my favorite
2021-11-18
     SUMEEKO grossed NTD 190 million in revenues this October, up 4.85% from the same priod last year. The first 10 months grossed NTD 1.913 billion, up 15.41% from the same period last year. The Covid pandemic has reduced its pace in Europe, and auto chips delivery continues to increase. Carmakers' demand for fasteners has picked up since car production resumed. SUMEEKO's revenue was back on the growth track in October. With the outlook for recovering car demand and the increased product delivery of the subsidiary MMG, the performance in Q4 is likely to be positive. Furthermore, low inventory level drives clients to replenish the stock which could raise the steel price globally and push the clients to place orders. The October revenue heralds the advent of high season.

     Thanks to Mercedes-Benz and Volkswagen gradually resuming their production lines in Europe, the European manufacturing demand is likely to go up. MMG supplies fasteners to the automotive, wind power, agricultural machinery and new energy industries and is gradually contributing more revenues to SUMEEKO this year. Additonally, SUMEEKO could expect to gain more OEM orders for high-end automotive fasteners as it sits in line with the rapid growing demand for EVs and copes with Tesla's need for increased capacity.
世德
營收
MMG
訂單
車用扣件
Sumeeko
revenues
order
automotive fastener
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
wire Dusseldorf
FASTENER FAIR INDIA
FASTENER FAIR VIETNAM
FASTENER FAIR MEXICO
FASTENER POLAND
FASTENER FAIR ITALY
FASTENER FAIR GLOBAL
FASTENER WORLD
Save and share
 
 
READ NEXT
2022-01-24

Subscribe