Global Fastener News

NAFCO Reports Triple-Digit Loss

March 17
00:00 2008

NAFCO Reports Triple-Digit Loss

Jason Sandefur

National Aerospace Fasteners Corp. in Taiwan reported revenue rose 14% to NT 767.84 million (US$24.9 million) during 2007, but pretax profit slipped to a loss of NT 117.6 million (US$3.8m). Net income for the fastener manufacturer dropped to a loss of NT 134.4 million, compared with a NT 114.7 million (US$4.35m) loss during 2006. �2008 FastenerNews.com

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