TAIPEI, Taiwan, April 10, 2012 ?? Aurora Corp. (Ticker: 2373 TT / 2373 TW) today announced consolidated net sales for March 2012 of NT$1.21 billion, representing increases of 10% month-over-month and 14% year-over-year, respectively. For the first three months of the year, Aurora reported consolidated net sales of NT$3.32 billion, a 7% increase from the prior year.
Parent-only net sales in March was NT$247 million, up 9% over February and 2% from a year earlier. For the first three months of the year, parent-only sales was flat from a year ago at NT$684 million.
For March, net sales in China rose 14% from February and 15% from a year earlier to 127 million RMB, accounting for 48% of total consolidated sales and setting the third-highest monthly record thanks to demand recovery and operational synergies resulting from improved production and logistics processes. The China OA (office automation), furniture and office equipment segments posted growth rates of 8%, 25% and 6% in the month, respectively. For the first three months of the year, China net sales totaled 335 million RMB, up 3% from the same period in the prior year.
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