Golden Friends sales rise 38.7% amid a recovery - News Summed Up

Golden Friends sales rise 38.7% amid a recovery


Golden Friends sales rise 38.7% amid a recoveryBy Crystal Hsu / Staff reporterElevator supplier Golden Friends Corp (崇友實業) yesterday posted NT$330.48 million (US$11.62 million) in revenue for last month, a 38.7 percent rise from a month earlier, amid continued recovery in the local property market, although the figure fell 15.15 percent from a year earlier. Revenue in the first quarter totaled NT$1.03 billion, a 3.66 percent increase from a year earlier, Golden Friends data showed. Golden Friends Corp’s office in Taoyuan’s Yangmei District is pictured on Nov. 21, 2019. It intends to boost its market share by spending more to improve the ease and convenience of elevator rides, helped by the latest technologies, it said. Last month, Golden Friends proposed a cash dividend of NT$3 per share based on its net income of NT$726 million last year, or earnings per share of NT$4.1.


Source: Taipei Times April 09, 2021 15:56 UTC



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