Rodex Fasteners Reports Sales & Profit Jump | Global Fastener News

Rodex Fasteners Reports Sales & Profit Jump

April 24

00:00 2007

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Rodex Fasteners Reports Sales & Profit Jump

Jason Sandefur

Taiwan’s Rodex Fasteners Corp. reported sales increased 81% to NT 784.6 million (US$23.64 million) during the first quarter of 2007, while Q1 net profit improved to NT 80.7 million (US$2.43m) compared with a NT 2.5 million loss during the first quarter of 2006. Basic earnings per share for Rodex soared to NT 1.61 during the period.
Established in 1984, Rodex Fasteners employs 200 workers who manufacture stainless steel precision screws and stainless wire. Web: rodex-fasteners.com �2007 FastenerNews.com

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