YC Doubles Profit Last Year with EPS of NT$1.68
2014-04-02
(Industry News, Reporter Peng Xuan-Yi)
YC (4306) saw its profit double last year due to increased gross profit from the “Wangzhou Yunpin” project recognized under IFRS, as well as optimized product mix and expanded production benefits. The company reported a consolidated revenue of NT$19.618 billion, a 7.8% increase year-on-year. Its net profit after tax surged by 291.53% to NT$740 million, with earnings per share (EPS) reaching NT$1.68. The company plans to distribute NT$1 in stock dividends and NT$0.44 in cash dividends.
YC stated that this year it will actively develop new products and customer sources, and enhance its product applications and sales mix to improve its profit structure. The film business will focus on applications in electronic materials, while the tape business will work on improving adhesive formulations to strengthen production and sales efforts.
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