Taiwan Fu Hsing Ranked Among CommonWealth Magazine’s “Top 100 Traditional Industry Performers”
Nov 26 2024Taiwan Fu Hsing has been ranked 83rd in CommonWealth Magazine’s newly released “Top 100 Traditional Industry Performers” list. The ranking recognizes 100 outstanding companies that have demonstrated steady growth and operational excellence through the following rigorous criteria:
☑️ Profit growth in the first half of 2024 compared with the same period last year
☑️ Both revenue and profit growth over the past five years (2019–2023)
☑️ Exclusion of high-tech manufacturing companies
☑️ Comprehensive scoring based on growth rate and other financial indicators
In Taiwan, the term “traditional industry” refers to non-electronic manufacturing sectors. Among the listed companies, Taiwan Fu Hsing is the only door lock manufacturer to make the list—a recognition of the company’s long-term dedication and a testament to the competitiveness of Taiwan’s traditional industries in the global market.
Since its founding, Taiwan Fu Hsing has upheld the management philosophy of “Innovation, Service, and Quality.” By continuously enhancing process technology and material applications, the company provides high-quality products to customers worldwide. In recent years, Taiwan Fu Hsing has also accelerated its efforts in automation and smart manufacturing, improving both product precision and production efficiency to stay ahead in a highly competitive global environment.
Being named to the “Top 100 Traditional Industry Performers” not only affirms Taiwan Fu Hsing’s achievements over the years but also inspires the company to pursue continuous growth. With a commitment to excellence and innovation, Taiwan Fu Hsing will continue to shine on the international stage.
📖 Read the full report on CommonWealth Magazine:
https://www.cw.com.tw/article/5132878