 2004-11-17 |
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Reported by Yi-Fen Chang, Taipei
YC (4306) announced a pre-tax profit of NT$137 million for the period from January to October, achieving an EPS before tax of NT$1.77, ahead of the current financial forecast. YC’s new BOPA (biaxially-oriented nylon film) capacity continues to drive growth, with October revenues reaching NT$230 million. Cumulative revenue for January to October totaled NT$1.873 billion, a 13.5% increase over the same period last year.
The BOPA production line, under development for a year and a half, began mass production in Q3 with a current monthly output of 300 tons, with plans to further increase capacity each month. As BOPA’s yield rate improves and combined with existing capacity, monthly revenue is expected to reach new heights. The company remains optimistic about BOPA's high profit margins and robust market demand and plans to invest in an additional film production line next year, forecasting capital expenditure of NT$400 million. |
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