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Fu Sheng Industrial's half-year net profit down 55.85%.
(From Taiwan Economic News)
Taipei, Aug. 29, 2002 (CENS)--Fu Sheng Industrial Co., Ltd., a local manufacturer of golf heads listed on the Taiwan Stock Exchange, recorded after-tax profit of NT$816 million for the first half of this year, falling by 55.85% from the same six months of last year
Fu Sheng published its financial report for January-June this year on Aug. 27. The company reaped half-year pretax profit of NT$930.1 million, dropping by 57.32% from the NT$2.179 billion posted in January-June 2001. The company's half-year after-tax profit also declined by 55.85% from the NT$1.846 billion recorded in the same period of last year. The large year-on-year decrease in half-year profitability was mainly because Fu ...
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