YC's Consolidated Revenue Reaches NT$1.579 Billion in June, Up 25%
2010-07-09
Reporter Zhao Xiaohui, Taipei
The tape manufacturing giant, YC Group (4306), announced its revenue for June this year, reaching NT$1.579 billion, showing impressive performance with a month-on-month increase of 25% and a year-on-year increase of 40.26%.
In June, YC Group's consolidated revenue was NT$1.579 billion, an increase of NT$313 million from NT$1.266 billion in May, representing a growth of 25%. Compared to NT$1.125 billion in the same month last year, it saw an increase of NT$453 million, which is a growth of 40.26%.
The consolidated revenue for the second quarter reached NT$4.155 billion, an increase of NT$518 million from NT$3.637 billion in the first quarter, marking a quarterly growth of 14%. Cumulatively, the consolidated revenue for the first half of the year reached NT$7.706 billion, reflecting a substantial growth of 121.22% compared to NT$3.483 billion in the same period last year.
YC Group's subsidiary, ACHEM (1715), reported self-assessed revenue of NT$344 million for June, which is a 13.85% increase from NT$303 million in the same month last year, though it represented a 2.8% decrease from the previous month.
YC noted that global demand for packaging materials remains strong, with both shipment volumes and prices rising in the second quarter. The recognition of NT$279 million in revenue from Wangzhou Construction has helped maintain the monthly consolidated revenue above NT$1.5 billion.
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