YC's November Revenue Grows 14% Year-on-Year
2013-12-10
Central News Agency / Taipei
YC Group's seventh film production line has come online, driving a continuous growth in shipments and resulting in consolidated revenue of NT$1.718 billion for November, an increase of 14.21% year-on-year. For the first eleven months of this year, YC's cumulative revenue reached NT$18.016 billion, reflecting a monthly increase of 10.55% and a year-on-year growth of 5.63%. YC noted that November’s performance exceeded expectations due to the new production capacity from the seventh film production line, which helped sustain revenue growth.
Additionally, the group's subsidiary ACHEM reported consolidated revenue of NT$926 million in November, up 7.68% year-on-year. For the first eleven months, ACHEM’s cumulative revenue reached NT$9.664 billion, a monthly increase of 10.6% and an annual growth of 5.25%.
YC highlighted that both ACHEM and Xinzhou saw business growth in November, contributing significantly to the group's overall revenue. With the completion of ACHEM's new PVC production line by the end of this year and the start of the new PE plant next year, the group is expected to gain further momentum, leading to growth in both revenue and profit in the future.
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