TCC International expects profits to double in 1H13

TCC International expects profits to double in 1H13
Published: 10 July 2013


TCC International expects to double net profit attributable to shareholders in the first half of this year compared to the same period of 2012.

The increase is mainly attributed to the group’s improved operations in southwest China and a corresponding rise in its profit contribution during the period, ET Net News reports. The advanced profits are due to a increase sales and a significant improvement in gross profit margins.