TAIPEI (Yosefardi) – SEYI (Shieh Yih Machinery Industry Co., Ltd) (4533 TT), one of the world’s leading producers of mechanical presses,reported that Net Sales Revenue of TWD 846.5 million (US$ 28.5 million) during the quarter was 12% higher than Net Sales Revenue of TWD 753 million (US$ 25.3 million) reported for the first quarter of 2012.
Sales in emerging markets were particularly strong, with sales in Thailand increasing by 350%, Indonesia by 266% and Central and South America by 857%.
“Increased sales in emerging markets such as Thailand, Indonesia and Central and South America also show that our efforts to diversify our markets are paying off. All things considered, the first quarter was a great way to begin SEYI’s next fifty years in business,” Ms. Kuo added.(written by Ferdi Hasiman)