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To Chun Zu, as of Now, an Order Takes About 6 Months to Deliver
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2013-03-22
The revenue of Chun Zu, a fastener forming machine manufacturer, in the first two moths of 2013 was NT$ 251 million, a drop of 18.34% as compared to the same period in 2012. The drop was mainly because of fewer workdays in February. As of now, an order takes about 6 months to deliver. In addition, the monetary value of orders received by the firm from Germany, Poland, Czech Republic, India and Southeast Asia has been enough. Also, its orders placed from China have picked up.
As demand for fasteners increases, demand for its forming machines increases too. To the company, delivery of an order usually takes three to six months. The company indicated that the increase in demand will be reflected in its revenue in the second half of the year. Because the number of workdays will resume to normal in the second quarter, its revenue will pick up.
As demand for fasteners increases, demand for its forming machines increases too. To the company, delivery of an order usually takes three to six months. The company indicated that the increase in demand will be reflected in its revenue in the second half of the year. Because the number of workdays will resume to normal in the second quarter, its revenue will pick up.
