 2015-08-13 |
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MoneyDJ News — Xinzhuo Global (3171), a subsidiary of the Taiwanese tape leader YC Group, announced a consolidated revenue of NT$831 million and a consolidated net profit after tax of NT$52 million for the first half of 2015. This represents a significant 50% increase in net profit compared to the same period last year, with an EPS of NT$0.87. Looking ahead, Xinzhuo expects continued revenue growth, with the second half of the year anticipated to outperform the first half due to growth in orders from major clients and successful product certifications in China.
Xinzhuo stated that since last year, the company has revised its strategy in China, reassessed its client structure, and actively expanded its base of large, high-quality clients. This strategic shift has led to positive monthly profits from its Chinese operations starting in the second quarter. With adjustments in China's distribution channels and increasing stability in orders from major clients, combined with a mature market position in Taiwan, the company’s second-quarter performance was better than the first quarter. |
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