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Indian SSWL’s net sales rise by 7.6% y-o-y in June
It is reported that the Indian steel rim producer Steel Strips Wheels Ltd (SSWL) has posted its net sales reached INR 716.5 million (US$13.07 million) in June this year, dropped by 18.4% from a month earlier while rising by 7.6% year on year.

The company has sold approximately 769,000 steel wheel rims in June this year, down by 19.5% from a month ago and decreasing by 10.3% year on year.

In the meantime, the company steel wheel rim exports reached 142,586 units in June this year, up by 4.6% year on year.

In addition, the company’s net sales amounted to INR 2.54 billion in the Q2 of this year, rising by 12.2% year on year.


News Date 7/5/2012 1:28:18 AM reported by Jacky Huang
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