 2016-09-09 |
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Taiwan's leading adhesive tape manufacturer, YC Group, announced its revenue performance for August. YC (4306) reported consolidated revenue of NT$1.96 billion in August, an increase of 19.96% compared to the previous month. The group’s subsidiary, Achem (1715), achieved consolidated revenue of NT$950 million in August, up by 5.07% from the previous month. Hsinchu Global (3171) posted consolidated revenue of NT$139 million in August, a growth of 8.49% from the previous month.
Achem (1715) benefited from increased demand in the Middle East and Americas, along with rising export orders and a stabilizing Chinese market. A slight increase in seasonal order demand also contributed to the overall revenue growth in August, which was up 5.07% from the previous month. Looking ahead, with stable export and Chinese orders, and the Hainan plant expected to start mass production in the fourth quarter, Achem's operational performance is expected to maintain steady growth.
Hsinchu Global (3171) saw its revenue recover due to increased seasonal demand in Taiwan and a stable packaging materials market. Following customer structure adjustments in the first half of the year, positive results began to show in August. Looking forward, the company anticipates trial orders and growing shipments from key large target customers, which will likely return operations to a growth trend, with operational performance expected to improve month by month.
YC (4306) benefited from stable growth in the adhesive tape and film industries, along with stable crude oil prices and gradually increasing export volumes in the adhesive tape sector. These factors contributed to the overall revenue rebound in August, achieving a 19.96% increase from the previous month. Looking ahead, if crude oil and raw material prices remain stable, the company’s operational performance is expected to hold steady. |
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