Good Friend sales plunge

News Story
- 30 May 2013 ( #618 ) - Hangzhou, China
1 min read
Good Friend International Holdings Inc announced sales figures for the four months ended 30 April of about RMB420 million (USD69 million), down 17% compared to the RMB509 million (USD83 million) recorded the previous year.

According to AAStocks Financial News, the group sold 733 forklift units (2012: 1,252 units), valued at about RMB47 million/USD7.7 million (2012: RMB72 million/USD11.7 million). This is 35% lower than the corresponding period last year.

The group sold 650 units of its computer numerical control (CNC) machine tools (2013: 834 units), valued at about RMB325 million/USD53 million, 19% lower year-on-year.

For its parking garage structures business, Good Friend sold 3,199 units (2012: 2,063 units), amounting to about RMB48 million/USD7.8 million (2012: RMB33 million/USD5.4 million), representing a 44% increase from the previous year.

Good Friend International, headquartered in Hangzhou, Zhejiang Province, designs and produces CNC machine tools, three-dimensional car parking garage structures and forklifts.
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Previously about:
Forklift sales decline for Good Friend News Story - 21 Nov 2013 - Hangzhou, China - 1 min read
Good Friend’s monthly sales soar 90% News Story - 10 Mar 2011 - Hangzhou, China - 1 min read
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Leading manufacturers of attachments, forks and related technologies for forklifts and AGVs.

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Reliable charging and energy stability are more critical than ever as warehouses and ports move toward decarbonisation. Volvo Penta’s Battery Energy Storage System (BESS) subsystems can be a part of turnkey BESS solutions to deliver compact, transportable, and high-density energy, contributing towards accelerating electrification and meeting growing energy needs at ports.

PREMIUM business

Cascade Corporation (World HQ)
Leading manufacturers of attachments, forks and related technologies for forklifts and AGVs.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

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Reliable charging and energy stability are more critical than ever as warehouses and ports move toward decarbonisation. Volvo Penta’s Battery Energy Storage System (BESS) subsystems can be a part of turnkey BESS solutions to deliver compact, transportable, and high-density energy, contributing towards accelerating electrification and meeting growing energy needs at ports.

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