NAFCO Fastener Sales Drop
August 29
00:00
2006
NAFCO Fastener Sales Drop
Jason Sandefur
Taiwan National Aerospace Fasteners Corp. (NAFCO) reported sales during the first six months of 2006 dropped 4.5% to NT 336.6 million (US$10.24 million). The firm reported a pretax loss of NT 60.7 million (US$1.85m) during the first half, compared with a NT 130.6 million during the first six months of 2005. Net loss for the first half of 2006 totaled NT 63.45 million (US$1.93 million) compared with a loss of NT 154.1 million during the first half of 2005.
In recent months several prominent Taiwan fastener companies have achieved AS9100 certification in an effort to increase market share for aerospace fastener manufacturers in Taiwan. Web: nafco.com.tw �2006 FastenerNews.com
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