On July 27 Gem-Year Industrial reported its sales results for the first half of 2015. According to the preliminary calculation of its accounting dept., the sales results of Gem-Year in the first half of 2015 will exhibit an RMB20 million loss. Gem-Year said that the loss in the first half of 2015 mainly resulted from the slowdown of the construction of high speed rails and the substantial decline in the shipment of fasteners and components for high speed rails.

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Strong Demand for Automotive Fasteners May Pushe QST International’s EPS This Year to NTD6

2022-02-25

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