Gloria Material Technology Corporation (GMTC), the first specialty steel manufacturer in Taiwan said that its sales revenues in this August totaled NT$961 million, rising by 9.7% from a month ago and increasing by 6.4% year on year.
Due to the slowdown demand from aerospace industry, GMTC's total sales revenue from this January to August was only about NT$6 billion, falling by 15% year on year.
At the same time, in order to make up the decreasing demand from aerospace industry, GMTC has tried to get its business into water source supply and shale gas market.