Local company sees China downturn after last year’s boom

//Local company sees China downturn after last year’s boom

Local company sees China downturn after last year’s boom

San Antonio-based XPEL Inc. saw sales abroad increase last year, helping push its profit up nearly 800 percent from 2017. But it's uncertain whether those sales levels will continue in 2019. XPEL recently registered with the U.S. Securities Exchange Commission after years on the Toronto Stock Exchange and, in its first earnings call since applying for a listing on Nasdaq, CEO Ryan Pape said that the company's China sales have been suffering the past couple of months. Following a year in which sales…

Article by [author-name] (c) Manufacturing News - Manufacturing News Headlines | Bizjournals.com - Read full story here.

By | 2019-04-11T19:55:55+00:00 April 11th, 2019|Budget and Tax|

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