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Revenue/Shipment for April 2020
Dear Investors,
YG Group hereby announce its consolidated revenue of NT$712 million for April 2020. This represents an increase of 23.7% Month-over-Month (MoM) and an increase of 5.66% Year-over-Year (YoY). In terms of shipments, in April we delivered 15,409 tons, an increase of 25.3% MoM and an increase of 8.28% YoY.
Looking forward to the month of May, the governments of Europe and the United States announced that they are considering relaxing COVID-19 counter measures to promote economic recovery. In addition, the Indian government restarting domestic air travels last week are just some signs that lead us to expect the few customers that are affected by the COVID-19 epidemic will resume normal operations in May. Thus we can expect shipments in May to maintain at normal levels.
Chart 1: Revenue and shipment by quarter
2Q18 | 3Q18 | 4Q18 | 1Q19 | 2Q19 | 3Q19 | 4Q19 | 1Q20 | |
Revenue/NTD K | 1,662,228 | 1,558,005 | 1,702,768 | 1,552,357 | 1,950,616 | 2,168,195 | 2,228,818 | 1,130,199 |
shipment/tons | 36,471 | 32,762 | 36,007 | 32,619 | 40,649 | 45,237 | 45,612 | 24,222 |
Revenue % | 2Q18 | 3Q18 | 4Q18 | 1Q19 | 2Q19 | 3Q19 | 4Q19 | 1Q20 |
Renewable Energy | 22.2% | 23.5% | 38.8% | 43.3% | 47.9% | 59.4% | 66.6% | 60.7% |
Injection Molding Machine | 38.7% | 36.3% | 29.2% | 26.9% | 24.3% | 16.7% | 14.6% | 17.7% |
Industrial Machinery | 39.1% | 40.2% | 32.0% | 29.8% | 27.8% | 23.9% | 18.8% | 21.6% |
Safe Harbor Notice
This presentation contains certain forward-looking statements that are based on current expectations and are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Except as required by law, we undertake no obligation to update any forward – looking statements, whether as a result of new information, future events or otherwise.
- Last articleFinancial Results For The 1st Quarter of 20202020-05-07
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