Affected by the continuous decrease of steel price, San Shing’s output of wire rod dropped obviously, resulting in the decrease of turnover in Octover and November. It is expected that Q4 revenue would be 5% decrease. But with the aid of screws and nuts, the Net Profit of Q4 is expected to exceed that of Q3. In Q1 of 2016, the order of screws and nuts that San Shing receives would level off that in Q4.

San Shing is the giant of manufacturing auto nuts. Among all its business, screws and nuts take around 80% of the total revenue, wire rod takes 8%, molds 7%, washer 5%.