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Taiwanese Ta Chen to have break-even sales revenue in Q2
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Ta Chen, one of the major stainless steel pipe markers and service centers in Taiwan announced that its Q2 before tax sales profit was at NT$408 million.
Due to the weak LME nickel price and market demand, Ta Chen did not get good sales number in this Q2 and they could only make the "break-even" sales number this time.
Because Ta Chen has the very strong sales channels in the US market, its combine sales in the first half of this year have still increase by 5% year on year.
Since the nickel price has kept staying at the low level, Ta Chen expected its sales may still under the pressure in this Q3.
News Date
7/13/2012 1:30:09 PM
reported by
Johnny Lin
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