5/16/2014
NEWS BRIEFS
NAFCO Q1 Sales Up 26%; Profit 38%

Aerospace and electronics fastener manufacturer NAFCO reported Q1 sales jumped 26.09% to TWD 348 million (US$11.5m). Profit rose 38% to TWD 60 million (US$1.9m).

The National Areospace Fastener Comporation attributed the increases to rising demand from the aerospace industry.

About half of NAFCO’s raw materials are nickel.  With nickel rising about 35% in the past half year, NAFCO will be handling substantially higher raw material costs. ©2014 GlobalFastenerNews.com

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Related Links:

• NAFCO