Xinzhuo Global Sees 50% Increase in Profit for the First Half of the Year
2015-08-14
Due to strategic adjustments in China, Xinzhuo Global (3171) reported consolidated revenue of NT$831 million for the first half of the year, with a consolidated net profit after tax of NT$52 million, marking a 50% increase year-over-year, and an EPS of NT$0.87. Xinzhuo Global anticipates that performance in the second half of the year will exceed the first half, driven by growth in orders from major clients and successful product certifications, and plans to target the cross-strait e-commerce market to continue its operational momentum.
Last year, Xinzhuo Global reevaluated its client structure in China and actively expanded its base of large, high-quality clients. As a result, profits from Chinese operations began to show positive monthly results starting in the second quarter of this year, and stable contributions from Taiwan channels have supported continued operational progress.
Xinzhuo Global stated that its own brand, "Pack Master," continues to promote its image across the Greater China region and is actively seeking cooperation with major e-commerce platforms such as Alibaba and JD International in China. The goal is to enhance brand visibility through e-commerce platforms and reach a broader consumer base, aiming to become the largest packaging materials distributor in both Taiwan and China.
With additional support from target clients in China in July and increased shipments from optical clients, Xinzhuo Global's consolidated revenue for July reached NT$147 million, a 4.57% year-over-year increase. To meet expanding business needs, Xinzhuo Global plans to recruit more staff and aggressively pursue high-end clients to optimize overall operational performance.
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