Sumeeko Reports Strong Profit Growth

Lots of good stories regarding high profit growth have been reported in the auto parts industry since last year and Sumeeko is also one of these companies that reported record high profit. It is expected that supported by the continuous demand from Europe and USA, Sumeeko will still show good results in profit.

As the demand from Europe and USA is increasing, the EPS of Sumeeko showed a substantial and record high growth from NTD5.08 last year to NTD6.47 this year. It is expected that, with the addition of extra capacity this year, both sales and profit will be in good conditions. Recently Sumeeko has had its own sales network in USA and has closer relationship with its customers. In addition, it has successfully got orders from Chinese market, so the growth of its sales in the future can be also expected. Sumeeko has established a new factory in Pingtung Processing Zone and after July, its sales will show further growth momentum.