 2015-07-13 |
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With a rebound in oil prices and stabilization in the film market, YC (4306) saw an operational recovery in June, with consolidated revenue reaching NT$1.535 billion, a 2.17% increase from the previous month. Subsidiary Xinzhuo Global (3171) also benefited from increased demand in China, with June revenue of NT$154 million, up 5.02% month-over-month. However, Achem (1715) faced a decline in demand in China and disruptions from production line adjustments, resulting in a 6.32% decrease in consolidated revenue for June, totaling NT$850 million.
YC reported that Achem's performance was affected by weak domestic demand in China, coupled with the relocation of the OPP production line from the Jiading plant to the Ningbo plant, which has not yet fully reflected in revenue. Once the equity transfer is completed and recognized in July, operations are expected to return to normal levels. With capacity expansion and new product shipments, significant growth is anticipated for the third quarter and next year.
Xinzhuo Global's profitability remained steady in the Taiwan market. In China, the company has actively expanded its business in East China (Shanghai), Central China (Wuhan), and North China (Tianjin), and adjusted its strategy to target large manufacturers. Orders and shipments have been gradually increasing since May. With the start of optical product shipments in July and "Bao Dashi" stores in China turning a profit for the month, operations are expected to improve in the second half of the year compared to the first half. |
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