 2014-03-28 |
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(Central News Agency, Reporter Wei Shu)
YC (4306) announced today that its board of directors has approved the financial report for the past year. The company will distribute NT$0.44 in cash dividends and NT$1.00 in stock dividends per share, with earnings per share (EPS) at NT$1.68.
For the previous year, YC reported consolidated revenue of NT$19.618 billion, a 7.8% increase from the previous year. Net profit after tax reached NT$740 million, up 291.53% year-on-year, with an EPS of NT$1.68. The profit boost was largely due to the recognition of the gross profit from the "Yunpin" project at Wang Zhou Construction under IFRS, as well as improved product mix and expanded production benefits.
Looking ahead, YC plans to aggressively develop new products and customer sources, while increasing product applications and sales combinations to enhance profitability. The film business will focus on applications in electronic materials, and the tape business will work on improving adhesive formulations and strengthening production and sales efforts. The company is optimistic that improvements in profitability structure and stable order growth will contribute positively to future revenue and profit.
Additionally, the group's subsidiary, Xin Zhou Global (3171), reported full-year revenue of NT$538 million, a 17% decrease compared to the previous year. The consolidated net profit after tax was NT$30.25 million, showing substantial growth, with an EPS of NT$0.61. Xin Zhou Global's revenue performance fell short of expectations due to adjustments in its operations in the mainland China market. However, the company is expected to see significant performance improvement this year, particularly after taking over YC's packaging business, which will expand its business locations and distribution channels, leading to increased operational efficiency and revenue contributions for the group. |
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