YC and ACHEM Achieve Strong Q3 Performance
2014-10-09
YC (4306) and ACHEM (1715) both saw a strong performance in Q3, with notable growth. For the first three quarters of the year, YC's consolidated revenue increased by 3.79%, while ACHEM’s revenue grew by 6.23%. For Q4, the benefits of new production capacities are expected to drive growth of 5-10%.
In September, YC reported consolidated revenue of NT$1.718 billion, a 2% month-over-month increase and a 4.85% year-over-year growth. For the first three quarters of the year, revenue surpassed NT$15 billion, reaching NT$15.12 billion.
ACHEM, meanwhile, faced challenges due to the relocation of its Shanghai plant. September revenue was NT$872 million, a 4.4% month-over-month decline. However, the new production capacities are expected to have a positive impact, with Q3 revenue reaching NT$8.27 billion.
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