YC's November Consolidated Revenue Grows 14.21% Year-on-Year
2013-12-09
Economic Daily News / Reporter Zhou Yi-Lang
YC Group announced today that its consolidated revenue for November 2013 reached NT$1.718 billion, marking a significant 14.21% growth compared to the same period last year. For the first eleven months of this year, cumulative revenue totaled NT$18.016 billion, reflecting a 10.55% increase compared to the cumulative revenue from the previous month and a 5.63% growth compared to the same period last year.
The group's subsidiary, ACHEM, reported consolidated revenue of NT$926 million for November, a year-on-year growth of 7.68%. Cumulative revenue for ACHEM in the first eleven months reached NT$9.664 billion, reflecting a 10.6% increase from the previous month and a 5.25% growth year-on-year.
The company noted that YC's November performance exceeded expectations, primarily due to the increased capacity from its seventh film production line, which led to continuous growth in shipments and revenue. In addition, both ACHEM and Xinzhou saw business growth this month, contributing significantly to the group’s overall revenue. With the completion of ACHEM's new PVC production line by the end of this year and the start of the new PE plant next year, the group is expected to gain further operational momentum, driving future revenue and profit growth.
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