Global Fastener News

Tycoons Group Sales Jump

September 09
00:00 2008

Tycoons Group Sales Jump

Jason Sandefur

Taiwan’s Tycoons Group Enterprise Co. Ltd. reported revenue during the first eight months of 2008 nearly quadrupled to NT2.2 billion (US$68.6 million), which included a sales growth of 154% to NT$198.7 million (US$6.23m) during the month of August. Profit figures were not available.

In May the company announced 11-month revenue dropped 29% to NT 1.05 billion (US$31.5m). �2008 FastenerNews.com

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