News
Tong Ming Enterprise's 12-month Revenue in 2021 Increases
Add to my favorite
2022-01-24
Stainless steel manufacturer Tong Ming reported that its consolidated revenue in December 2020 was NTD 1.432 billion, a record high at a monthly growth of 10% and annual growth of 36.21%. The Q4 2021 revenue broke records at NTD 3.942 billion, a quarterly growth of 8.8%. The 12-month revenue in 2021 was NTD 13.272 billion, an annual growth of 44.49%. Both Q4 2021 and full-year revenues set a new high.
Focusing on the Chinese market, Tong Ming expects that China will continue with building infrastructure this year and the company will increase the capacity to hit a new record.
The Chinese government plans to invest RMB 10-17.5 trillion in 5G, IIoT, data center, AI, and EV chargers. To grasp the opportunity, Tong Ming is working on a new plant in Zhejiang Province and expects the annual capacity of the new plant to reach 80 thousand tons in 3 to 5 years.
Tong Ming's current annual capacity is 120 thousand. The future total capacity is estimated to increase by 100 thousand tons. The new plant will mainly manufacture small screws and nuts and will be put into operation in Q4 2022.
tong ming enterprise
12- month revenue
small screw & nut
東明
12個月營收
.小螺絲螺帽
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
