 2013-09-09 |
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NOWnews
Reporter: Yang Lingwen, Taipei
YC Group (4306) announced that its consolidated revenue for August was NT$1.61 billion. For the year-to-date, the cumulative revenue is NT$12.96 billion, an increase of NT$0.25 billion, or 1.94%, compared to the same period last year. Its subsidiary ACHEM (1715) reported August consolidated revenue of NT$0.90 billion, with a cumulative revenue of NT$6.94 billion for the year.
ACHEM's operations remain stable, with slight growth in revenue from tape and related businesses. August revenue for ACHEM was NT$0.90 billion, reflecting a 3.29% increase from July.
YC’s BOPP film production line has now expanded to seven lines, with a monthly output of 5,000 tons in China and 8,200 tons in Taiwan. The monthly production of PVC tape is approximately 20.75 million square meters. Due to a current shortage in the PVC market, ACHEM plans to add two new production lines in the second half of the year and will shift towards customized production to better meet changing order structures, potentially boosting Q3 revenue.
Regarding expansion plans, YC’s tape production bases are currently in Taiwan, China, and Vietnam. This year’s expansion focuses on BOPP and tape production in Taiwan and Vietnam. In February next year, ACHEM will begin mass production of upstream petrochemical material acrylic acid in China.
Additionally, YC's subsidiary Wangzhou Construction has launched the Wangzhou Premium project in Linkou and, in late August, introduced the Wangzhou More project in New Taipei City's Xinzhuang District, targeting the small-sized residential market for office workers. Looking ahead to Q4, with increasing market demand and the ramp-up of production lines, YC anticipates stable growth in revenue for tape, film, and packaging businesses, with promising profitability. |
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