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Elevator and escalator supplier Golden Friends Corp (GFC, 崇友實業) is positive about business this quarter, supported by new demand, as well as maintenance and replacement needs amid a property boom and a vibrant economy. The Taipei-based company gave the upbeat assessment after posting a 21.27 percent increase in revenue for last quarter to a record NT$1.26 billion (US$45.54 million). Golden Friends attributed the revenue growth to profit recognition from selling elevators to public housing projects in Taipei’s Neihu (內湖) and Nangang (南港) districts, as well as effective replacement promotion campaigns. Replacement business soared 36.63 percent year-on-year in the October-to-December period, while its maintenance ....