According to the financial report of the Taiwan fastener manufacturer Juheng Group, due to the profitability of its Thai subsidiary and persistent efforts to develop overseas markets, Juheng Group’s September sales reached NT$163 million, a year-on-year increase of 24%. .
Industry insiders said that Thailand's Tycoons Worldwide Group (Thailand) Public Co., Ltd., a subsidiary of Poly Group, is a large demand for screws, wires and bolts in the short term after the floods in Thailand. , Ltd will likely maintain strong revenue growth in the coming months.
Juheng Group announced total revenue of NT$1,945 million for the first nine months of this year, an increase of 18.1% over the previous year.
Benefiting from the Thai government’s expansion of infrastructure, Thailand’s subsidiary quickly gained sales of NT$645 million in September, an increase of 79.87% year-on-year, and sales in the first nine months were NT$6,406 million, a year-on-year increase of 44.33%.
Juheng Group pointed out that the Thai subsidiary sold a total of TW$ 237 billion in wire rods in September, which was higher than the sales of wire rods in September last year. This reflects the prosperity of the Thai fastener market.
Juheng Group believes that the increase in sales in September this year was due in part to its Thai subsidiary Tycoons Worldwide Group (Thailand) Public Co. , Ltd.'s performance has been booming. It imported 1,700 metric tons of fasteners from its parent company, greatly increasing its parent company's revenue.
Industry insiders said that Thailand's Tycoons Worldwide Group (Thailand) Public Co., Ltd., a subsidiary of Poly Group, is a large demand for screws, wires and bolts in the short term after the floods in Thailand. , Ltd will likely maintain strong revenue growth in the coming months.
Juheng Group announced total revenue of NT$1,945 million for the first nine months of this year, an increase of 18.1% over the previous year.
Benefiting from the Thai government’s expansion of infrastructure, Thailand’s subsidiary quickly gained sales of NT$645 million in September, an increase of 79.87% year-on-year, and sales in the first nine months were NT$6,406 million, a year-on-year increase of 44.33%.
Juheng Group pointed out that the Thai subsidiary sold a total of TW$ 237 billion in wire rods in September, which was higher than the sales of wire rods in September last year. This reflects the prosperity of the Thai fastener market.
Juheng Group believes that the increase in sales in September this year was due in part to its Thai subsidiary Tycoons Worldwide Group (Thailand) Public Co. , Ltd.'s performance has been booming. It imported 1,700 metric tons of fasteners from its parent company, greatly increasing its parent company's revenue.
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