Staying profitable and steadily growing is very difficult in today’s market. Fuda Faucet (OTCBB:FUFW), the high end faucet manufacturer based in China, does not have that problem. Fuda Faucet is a company to watch because they are experiencing massive revenue growth and their primary market, the United Arab Emirates (UAE), is undergoing booming economic growth. As the UAE grows, so does the demand for a product that every house, building, and business needs: faucets.

Everyone needs faucets, whether you are talking about a house, nightclub, or skyscraper. Fuda Faucet (OTCBB:FUFW) is answering the demand in the UAE, a country whose GDP is growing 7.6% a year driven by massive oil revenues and a skyrocketing tourist industry. Fuda’s success is clearly seen in the numbers. Nine months ended Sep 30, 2008 compared to nine months ended Sep 30, 2007, Fuda’s revenues grew 60% from $17.9 million to $28.7 million. With a booming market base and soaring sales, Fuda is establishing itself as a key supplier of faucets for residential and commerical properties in the UAE.

It makes sense to invest a company whose product or service is needed and will be needed for a long time to come. Fuda Faucet is that company because they make a product that will always be needed and they sell it in a target market that is experiencing incredible growth. Fuda’s high end, European style faucets give their customers a faucet that not only works great, but looks great. This combination of huge revenue growth and soaring market demand makes Fuda Faucet worth watching.

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