Malingaliro a kampani TOTO Invests 560 Million Yuan To Build A New Factory With 51.9% Of Its Business In Mainland China

TOTO zolengezedwa pa December 1 kuti othandizira ake ku Vinh Phuc Province, Vietnam (Malingaliro a kampani TOTO VIETNAM CO., LTD.) adzaika ndalama pafupifupi 10 biliyoni yen (560 Miliyoni Yoan) pomanga fakitale ya hardware ndi ukhondo. Ntchito yomanga iyamba mu Januwale 2022, and the plant is scheduled to start operation in March 2024. Kufunika kwa zoyikira pampopi ndi zinthu zina kukukulirakulira chifukwa chakukula kwa mliri wapadziko lonse lapansi waumoyo ndi ukhondo..

Malinga ndi kulengeza, chomeracho chimagwiritsa ntchito mphamvu ya dzuwa ya photovoltaic komanso kutentha kowononga kuchepetsa mpweya wa CO2. Madzi otayira omwe amapangidwa panthawi yopangira zida zamagetsi amasinthidwanso ndikugwiritsidwanso ntchito poyala, kuchepetsa katundu pa chilengedwe.

Chomeracho chimakwirira dera pafupifupi 100,000 square meters and has an annual production capacity of approximately 1.2 million faucet parts, producing countertop faucets and bathtub faucets, mainly induction faucets and general faucets, to provide capacity support for the U.S. and China as important hardware and sanitary ware production base.

TOTO said the project is being implemented as part of a 56 billion yen investment plan for overseas residential equipment business in fiscal 2021-2023. Nthawi yomweyo, TOTO announced its interim report (Epulo 1, 2021 mpaka September 30, 2021), which showed revenues of 309.5 biliyoni yen, ndalama zogwirira ntchito za 26.6 billion yen and net profit attributable to shareholders of the parent company of 19.9 billion yen for the first half of the fiscal year 2021.

Mwa iwo, the revenue share of mainland China reached 51.9%, followed by the Americas market 26%, Asia 18.9% ndi Europe 3.2%.

TOTO expects full-year fiscal year 2021 revenue of 650 biliyoni yen, ndalama zogwirira ntchito za 50 billion yen and net income attributable to shareholders of the parent company of 37.5 biliyoni yen.