YC's November Consolidated Revenue Reaches NT$1.718 Billion, Up 14.21% Year-on-Year
2013-12-09
Economic Daily News / Reporter Zhou Yi-Lang / Instant Report
YC Group announced today that its consolidated revenue for November 2013 reached NT$1.718 billion, showing a substantial year-on-year growth of 14.21%. For the first eleven months of this year, cumulative revenue amounted to NT$18.016 billion, representing a 10.55% increase from the previous month's cumulative revenue and a 5.63% growth compared to the same period last year.
The group’s subsidiary, ACHEM, posted consolidated revenue of NT$926 million for November, reflecting a 7.68% increase compared to the same period last year. Cumulative revenue for the first eleven months of this year reached NT$9.664 billion, marking a 10.6% increase from the previous month’s cumulative figure and a 5.25% rise year-on-year.
The company stated that YC's November performance exceeded expectations, mainly due to the increased capacity of the seventh film production line, which boosted shipment growth and revenue. Additionally, business from ACHEM and Xinzhou also saw growth this month, contributing significantly to the group's overall revenue. With ACHEM's new PVC production line set to be completed by the end of this year, and a new PE plant scheduled to begin operations next year, the group is poised for further operational momentum, and future revenue and profit growth are expected.
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