 2002-11-04 |
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YC (4306), a listed plastic company, held its first-ever investor briefing today to discuss its progress and revenue from its operations in China. YC announced that the first phase of the BOPP production line at its Ningbo plant has been completed and is currently operating at full capacity, producing 2,400 tons per month. The company estimates that the plant’s revenue for Q4 will reach approximately NT$360 million, contributing NT$80 million to its profit. The group’s total revenue is expected to reach NT$5 billion in two years, with after-tax earnings per share exceeding NT$4.
YC's tape business holds a market share of about 12.8%, ranking second in Taiwan after ACHEM and Siwei. The company’s production facilities are located in Fangyuan and Changbin Industrial Zones in Changhua, Taiwan, with a total of nine OPP production lines, one PVC tape production line, five water-based adhesive reaction kettles, and two sets of fully automated slitting equipment. This year, YC has also been working on establishing a vertically integrated operation model for its tape business in China. |
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