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NAFCO Sees Nearly 60% of Revenue Increase in Dec. 2013 Due to Strong Quarter-end Demand

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2014-01-17
Stimulated by the strong demand in the quarter end of 2013, the combined revenue of National Aerospace Fasteners Corporation (NAFCO) last December was NTD0.108 billion, up 58.54% over last November of 2013. The combined revenue of NAFCO last Q4 reached NTD0.277 billion, a slight turnaround of 16.4% from Q3, due to the increasing orders for aerospace components.

As some aircraft manufacturers have changed the designs of certain aircraft models, resulting in the slowdown of the demand for aerospace components in 2013, the combined revenue of NAFCO in 2013 was NTD1.064 billion, down 15.02% from the previous year. With various conditions having turned better, the orders for aerospace components in 2014 may be supplied normally. MAFCO holds an optimistic and cautious view of the market this year.
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