 2015-08-13 |
|
|
(Xinhua News Agency Reporter Pan Zhiyi, Taipei) — Xinzhuo Global (3171), a subsidiary of the Taiwanese tape manufacturer YC Group, announced today that it achieved consolidated revenue of NT$831 million and a consolidated net profit after tax of NT$52 million for the first half of the year, with an EPS of NT$0.87. This marks over a 50% increase in profit compared to the same period last year.
Xinzhuo Global indicated that its significant profit growth in the first half of the year is attributed to strategic changes in its operations in China. For the second half of the year, the company plans to aggressively target e-commerce clients in China to further boost performance.
The company noted that starting last year, it revised its strategy in China, reassessed its client structure, and actively expanded its base of large, high-quality clients. This led to positive monthly profits from its Chinese operations beginning in the second quarter of this year.
With adjustments in China's distribution channels and increasing stability in orders from major clients, along with mature market positioning in Taiwan, the company's second-quarter performance surpassed that of the first quarter.
Looking ahead, Xinzhuo Global expects continued revenue growth in the second half of the year due to increasing orders from major Chinese clients and successful product certifications. The company aims to enhance its brand presence through its own brand, "Pack Master," in the Greater China region, and actively seeks partnerships with major e-commerce platforms like Alibaba and JD International. By leveraging e-commerce platforms to boost brand visibility and reach a wider consumer base, Xinzhuo Global aims to become the largest packaging materials distributor across Taiwan and China. |
|
