Taiwanese YC Inox's Q3 sales revenue to drop slightly

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Publish time: 15th October, 2013      Source: ChinaCCM
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YC Inox, one of the major stainless steel welding pipe makers and stainless steel flat service centers in Taiwan said that its consolidated sales revenue in this September was NT$2.001 billion which has increased little bit than NT$1.978 billion in August, due to the higher shipments.

The company said that due to the decreasing average sales prices, its consolidated sales revenues totaled NT$6.047 billion in the third quarter, falling from NT$6.252 billion in the second quarter.

However, the rebounded nickel price may help YC Inox's third-quarter gross sales profit to be higher than in the second quarter.

YC Inox expected its total shipping quantity in whole 2013 can reach to 300,000 tons which to be 10% higher than in 2012.