 2010-04-13 |
|
|
Strong Packaging Material Demand and Contribution from ACHEM Construction Propel YC's March Consolidated Revenue to NT$1.5 Billion
Reported by He Meiru, Times Reporter, Taipei
Driven by strong demand for packaging materials, with both shipment volume and prices rising, and the recognition of NT$261 million in revenue from ACHEM Construction, YC (4306) saw its March consolidated revenue surge to NT$1.519 billion, a significant increase of 76.83% compared to the previous month. First-quarter consolidated revenue reached NT$3.549 billion, a year-on-year increase of 155.42% from NT$1.39 billion in the same period last year. YC remains optimistic about its second-quarter operations, driven by a global recovery in consumer demand and the boost from the World Expo. With this positive outlook, shares surged by 3% in early trading, with the stock price expected to challenge the previous high of NT$2.68 billion today.
YC's March consolidated revenue reached NT$1.519 billion, an increase of 76.83% from the previous month and 149.84% from the same period last year. First-quarter consolidated revenue was NT$3.549 billion, representing a 155.42% growth from NT$1.39 billion last year. Subsidiary ACHEM (1715) reported March revenue of NT$344 million, a 60.2% increase compared to last year's NT$215 million, and a 47.9% growth compared to the previous month.
Looking ahead to the second quarter, YC stated that the global consumer industry is continuing to recover, and, benefiting from the World Expo, demand for packaging materials such as films and tapes used in food, clothing, and department stores will continue to rise. Subsidiaries like Ningbo Yashuo in China and ACHEM are expected to perform well in the second quarter. |
|
