 2003-08-11 |
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(Reported by Peng Xuanyi, Industrial Times, Taipei) Plastic company YC (4306) has successfully built cost advantages across upstream, midstream, and downstream operations, with the operational efficiency of its mainland China plant gradually improving. In the first half of the year, the company recorded pre-tax earnings of NT$75 million, a slight increase from NT$72 million in the same period last year. The company’s 48% stake in its mainland China plant contributed NT$33 million in investment income. Pre-tax earnings per share were NT$1.3, with an average gross margin of 14%.
YC stated that as the company enters the third quarter, production capacity continues to rise steadily, and orders have increased by 10%. July revenue reached NT$178 million, a 37% increase from the previous year. In the first seven months, cumulative revenue totaled NT$1.087 billion, a 14% growth compared to the same period last year. |
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