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Tong Ming Enterprise Breaks Record with NTD197 Million Revenue in Q3
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2014-11-10
For the past few years urbanization has been prevalent in China where the industry is looking forward to green manufacturing and alterative business opportunities with higher growth potential. Tong Ming Enterprise, the top stainless steel fastener maker in China, released its third quarter financial report on November 6. According to the report, proportion of delivery grows with high gross profit. Gross profit margin grows to 21.47%. Q3 net profit lands at NTD197 million with record-breaking annual growth of 717.56%. Earnings Per Share for the quarter is NTD1.17.
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