Quintain Steel, one of the major wire product manufacturers in Taiwan, has announced its combined sales totaled NT$1.656 billion in the first quarter of this year, increasing by 11.7% from a quarter ago. The company has also calculated its first quarter net sales profit totaled NT$50.81 million.

For the prospect, Quintain Steel expected to make profits in the second quarter of this year if Taiwanese China Steel Corp. keeps its June price unchanged.