 2015-12-11 |
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YC Group announced its revenue performance for November. YC (4306) reported a consolidated revenue of 1.424 billion TWD for November, a 7.89% decrease from October. For the first eleven months of the year, revenue has decreased by 10.82% compared to the same period last year. Achem (1715) recorded a consolidated revenue of 972 million TWD in November, down 5.51% from October. For the first eleven months, Achem’s revenue decreased by 12.73% year-over-year. In contrast, Xinzhu Global (3171) saw a November revenue of 153 million TWD, an 8.05% increase from October. For the first eleven months, revenue declined by 2.45% compared to last year.
Looking ahead, Yan Chao is expected to continue facing challenges from international oil price fluctuations, maintaining a cautious outlook. However, Achem and Xinzhu Global are more optimistic, with potential for growth driven by the effects of vertical integration and stable orders.
Achem is benefiting from lower oil prices, which have reduced production costs and maintained stable gross margins and profitability. With the benefits of vertical integration starting to show and stable export orders, the company expects steady performance next year.
Xinzhu Global’s packaging orders in Taiwan remain stable. The company plans to strengthen its presence in the previously overlooked Hualien and Taitung regions and expand its product portfolio, aiming to gradually increase market share. In China, with the boost from large key clients’ orders, Xinzhu anticipates starting shipments by the end of this year or early next year, with significant performance improvements and potential for substantial growth.
For YC, the ongoing low oil prices pose risks of further declines, affecting the performance of its film business. If oil prices continue to drop, the company may face challenges in revenue and profit growth. |
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