Rodex Expects Larger Profit in Q1 and Remains Fair Order Acceptance

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 Stainless steel fastener manufacturer Rodex saw a stable profit from its Taiwan plant in Q1 2013. Pushed by the positive growth of its Thai plant, Rodex expects to see the profit more than Q4 last year. Considering Q2, the order acceptance of Rodex in April is very similar to that in March. However, due to the stainless steel market being stagnant and the European market showing limited bounceback, the order staus of Rodex has not been fully taken. But the order acceptance in Q2 is quite likely to remain the same level as in Q1.  

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