 2015-11-12 |
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(Taipei, Central News Agency) Xinzhu Global (3171), a subsidiary of Taiwan's leading tape manufacturer YC Group, reported a profit of NT$75 million and an EPS of NT$1.27 for the first three quarters of this year. This surpasses the annual EPS of NT$1.15 from last year. As of the end of Q3, the company's net asset value has exceeded NT$10.31 per share, qualifying it to resume credit trading.
In Q3, Xinzhu Global achieved consolidated revenue of NT$453 million and net profit after tax of NT$23 million, with a quarterly EPS of NT$0.40. For the year to date, the company has accumulated revenue of NT$1.28 billion and net profit of NT$75 million, with an EPS increase of 54% year-over-year.
Xinzhu Global reported that packaging material orders in Taiwan remain stable. The company is also restructuring its sales points in China, focusing on large, key manufacturing clients. The brand "Packaging Master" continues to promote its image across Taiwan, China, and Hong Kong, and is expanding to important locations in China. This has contributed to impressive operational performance this year.
Looking forward, with ongoing orders from existing large clients and new orders from optical electronics clients, the outlook for Q4 is optimistic.
Xinzhu Global plans to expand its market share in packaging materials on both sides of the Taiwan Strait. In Taiwan, the company will gradually explore the tourism packaging market in Hualien and Taitung, as well as central and southern Taiwan. In China, Xinzhu will continue to establish service points in economic development zones in East, North, Central, and South China. Several large clients are expected to complete product certification by early next year and begin placing orders. The company anticipates a growth of 20-30% next year.
Xinzhu Global's stock price has risen above NT$20, although trading volume remains low, with only around 100 shares traded. YC (4306) saw its stock price open high and rise by about 1.5% to NT$14.3, with over 1,000 shares traded. Achem (1715) opened lower and fell to NT$12.75, a decline of 2.67%, with trading volume under 100 shares. |
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