 2013-09-09 |
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Juheng Network
Reporter: Wang Yihui, Taipei
On September 9, YC (4306-TW) announced that its consolidated revenue for August was NT$1.61 billion, reflecting a 3.63% month-over-month decrease and a 4.45% year-over-year decrease. Meanwhile, its subsidiary ACHEM (1715-TW) reported an August consolidated revenue of NT$0.90 billion, showing a 3.29% month-over-month increase and a 5.94% year-over-year increase. For the first eight months, the cumulative revenue for YC and ACHEM was NT$12.95 billion (up 1.94% year-over-year) and NT$6.94 billion (up 1.85% year-over-year), respectively.
Looking ahead to Q4, YC anticipates stable growth in revenue for tape, film, and packaging businesses due to rising market demand and the ramp-up of production lines. The group’s BOPP film production capacity now includes the newly launched seventh production line, with a monthly output of 5,000 tons in China and 8,200 tons in Taiwan. The group’s monthly PVC tape production is approximately 20.75 million square meters. Due to a supply shortage in the PVC market, ACHEM will add two new production lines in the second half of the year and shift towards customized production to boost revenue growth.
Regarding expansion plans, YC’s tape production bases are concentrated in Taiwan, China, and Vietnam, with this year’s expansion focusing on BOPP and tape production in Taiwan and Vietnam. Next year, ACHEM plans to start production of upstream petrochemical materials, such as acrylic acid, in China in February.
Additionally, the group’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. |
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