Huan Hsin sets up two new China subsidiaries
(2004-09-07)

Huan Hsin sets up two new China subsidiaries

MAINBOARD-listed Huan Hsin Holdings said net profit for the first six months rose 6 per cent to $14.4 million as revenue increased 52 per cent to $207 million.

INTEGRATED contract manufacturer Huan Hsin Holdings said it has set up two subsidiaries in China to make office automation products. The two new units have registered capital of US$5 million and US$10 million. Both plants are expected to start operations in the fourth quarter.

  
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