San Shing’s Gross Profit Margin in Q2 Reaches Record High After the Financial Crisis

Benefited by the recovering European market and the bounce-back of the wire rod prices, the revenue and gross profit margin of San Shing in the first half of 2013 were better than those over the same period last year. Its EPS in the first half of 2013 reached NTD 2.05, a substantial increase compared to NTD 1.41 of the same period last year.

San Shing says that the orders in Q3 are expected to be as stable as in Q2; the artificial person also thinks that San Shing’s profit in Q3 will continue to be stable because San Shing’s current orders are mostly for automotive fasteners with higher added values and the wire rod prices this year are comparatively stable, too.   

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