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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"During these 10 years, Hangcha has seen remarkable growth: revenue surged 3.6 times to ¥16.49 billion (2024), we established 18 overseas subsidiaries, pioneered industry-leading lithium forklifts and intelligent logistics solutions and significantly elevated our global brand. We deeply appreciate Forkliftaction's effective platform and unwavering support." - Kelly Xu, Marketing Specialist - Zhejiang HANGCHA Imp. & Exp. Co.,Ltd. 

Thanks for your support! Read the full testimonial & more industry messages ♥ here.

"During these 10 years, Hangcha has seen remarkable growth: revenue surged 3.6 times to ¥16.49 billion (2024), we established 18 overseas subsidiaries, pioneered industry-leading lithium forklifts and intelligent logistics solutions and significantly elevated our global brand. We deeply appreciate Forkliftaction's effective platform and unwavering support." - Kelly Xu, Marketing Specialist - Zhejiang HANGCHA Imp. & Exp. Co.,Ltd. 

Thanks for your support! Read the full testimonial & more industry messages ♥ here.

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