YC Group Forecasts Revenue of NT$5 Billion in Two Years
2002-11-29
The listed plastic company YC (4306) held its first-ever investor briefing today to discuss the progress and revenue situation of its operations in China. YC stated that the first phase of the OPP production line at its Ningbo plant in China has been completed and is fully operational. The plant's production capacity is currently running at full capacity, with a monthly output of 2,400 tons. The company estimates that the revenue from the mainland factory will reach NT$360 million in the fourth quarter, contributing NT$80 million in profits. In two years, the group's total revenue is projected to reach NT$5 billion.
Source: China Times, November 29, 2002
Our website uses browser cookies to provide you with a customized operating experience, social media features, and to analyze website traffic and other statistical data. By continuing to use this website, you consent to our use of browser cookies to provide services for you. If you do not agree, Please discontinue the use of our services.