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Taiwanese Song Ho Industrial expected better sales in Q2
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Song Ho Industrial, one of the major wire products makers in Taiwan announced its Q1 sales revenue amounted to NT$647 million, decreasing by 8.5% from a quarter earlier.
In the first quarter of this year, the company's gross profit rate was 7.48%, much lower than 12.34% in the previous quarter.
Song Ho Industrial expected that its shipment in the second quarter of this year would be better than that in a quarter earlier as the company’s received order volumes have been improved.
News Date
5/21/2012 2:04:30 PM
reported by
Jack Lee
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