TST's TBR building machinery

Chinese machine maker TST curbs first-half losses

Tianjin, China – Tianjin Saixiang Technology (TST) posted a 41% rise in revenue to €23 million (177 million yuan) over the first six months in 2017, according to its half year report released in August.

Net loss before non-recurring items was €21,400, compared to €3 million in H1 2016, although with compensations from the government and the holding company TST saw €6 million overall net profit during the period.

Overseas sales accounted for over two thirds of the company’s total revenue, compared to a mere 20% in…

To read more,please login or register below.

Register
This is the first step to more free
content, user offers, subscriptions
and more.
Login
Log in here using the Email Address
and Password you signed up with