 2014-04-02 |
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(Industry News, Reporter Peng Xuan-Yi)
In 2013, Xinzhou Global (3171), a subsidiary of YC (4306), experienced a revenue shortfall due to a strategic shift in its operations with Bao Dashi in China. The company's annual revenue was NT$538 million, a 17% decrease compared to the previous year. However, the company achieved a net profit after tax of NT$30.25 million, marking a significant turnaround from losses in the previous year, with earnings per share (EPS) of NT$0.61.
Xinzhou Global noted that after reorganizing its operations in the Chinese market last year and taking over YC’s packaging business at the beginning of the year, it has expanded its business locations and distribution channels. This strategic adjustment has effectively optimized capital utilization and improved operational performance. The company anticipates substantial growth in its performance this year. |
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