6/4/2012
NEWS BRIEFS
Rodex Fasteners Revenue Sees Double-Digit Drop
Taiwan-based Rodex Fasteners reported sales dropped 37.4% to NT138.1 million in May, down from NT220.5 million in May of 2011.
During the first five months of 2012 Rodex Fasteners sales have declined 10.2% to NT955.04 million, below the NT1.06 billion the company achieved from January through May 2011.
Full-year sales in 2011 declined 13.6% to NT2.27 billion, including a 34% plummet in December sales to NT$166,092,000.
Founded in 1984, Rodex Fasteners employs more than 200 workers. ©2012 GlobalFastenerNews.com
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