Sunderland Fastener China Zhejiang Branch achieved its first profit in 2010

According to foreign reports, Sunderland Fasteners China Zhejiang Branch achieved its first profit in 2010. The sales of Sunderland Zhejiang Branch in 2010 increased by 35% compared with two years ago. Two years ago, due to foreign anti-dumping measures on Chinese fasteners, the company’s exports were hit hard.

In the fourth quarter of 2010, total sales of Sunderland in India were 4.649 billion rupees, a year-on-year increase of 29.2%; exports were 1.386 billion rupees, a year-on-year increase of 27.31%; net profits were 280 million rupees, an increase of 30.58%.

In 2010, FAW Barlett Forging (Changchun) Co., Ltd., a company established by Bharat Forge, the largest automotive forging company in India, was also the first company to achieve profitability since its establishment in 2006.

The relevant person in charge of the company stated that the reason why the Zhejiang plant achieved profitability in 2010 was mainly due to the cooperation with Caterpillar, Volvo, John Deere and other multinational companies in China, which further consolidated the Sunderland company. The status.