 2017-01-09 |
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Taiwan's leading tape manufacturer, YC Group, announced its revenue performance for December. YC (4306) reported consolidated revenue of NT$1.566 billion for December, an increase of 4.69% from the previous month. Subsidiary Achem (1715) reported consolidated revenue of NT$976 million for December, up 3.72% from the previous month. Xinzhou Global (3171) reported consolidated revenue of NT$165 million for December, an increase of 6.26% from the previous month.
Xinzhou Global (3171) saw a 6.26% increase in overall revenue for December compared to the previous month due to increased packaging demand in Taiwan and major cloud business contracts entering the acceptance phase. This led to stable growth in December’s revenue, achieving the second-highest monthly revenue in history. Looking ahead, with stable performance in packaging and cloud business, along with ongoing orders from large clients in mainland China, operations are expected to remain strong.
Achem (1715) benefited from stable growth in orders from the Middle East, Americas, and mainland China, leading to a 3.72% increase in December’s revenue compared to the previous month. Looking ahead, with continued increases in export orders and the expected commencement of mass production at the Hsian factory, overall operations are expected to maintain a gradual upward trend. |
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