Revenue/Shipment for June 2020
Dear Investors,
YG Group announced its consolidated revenue of NT$722 million for June 2020. This represents an increase of 2.94% Month-over-Month (MoM) and an increase of 13.02% Year-over-Year (YoY). In terms of the shipment, we delivered 15,652 tons in June, an increase of 2.51% MoM and an increase of 20.50% YoY
Looking forward to July, wind energy customer orders will continue to maintain a high level and the demand for injection molding machine and industrial machinery customers will be stable. Therefore, we expect that July deliveries will maintain at normal levels.
Accumulated revenue of 2Q20 totaled NT$ 2.135 billion, an increase of 88.96% QoQ, an increase of 9.49% YoY. Accumulated shipment of 2Q20 reached 46,328 tons, an increase of 91.27% QoQ, an increase of 13.97% YoY.
Due to the impact of the COVID-19 epidemic, the accumulated revenue of 1H20 totaled NT$ 3.266 billion, a decrease of 6.77% YoY. Accumulated shipment of 1H20 reached 70,550 tons, a decrease of 3.71% YoY. Revenue from Renewable Energy, Injection Molding Machine and Industrial Machinery in 1H20 was NT$ 2.116 billion, NT$ 502 million and NT$ 648 million respectively. Revenue growth from Renewable Energy, Injection Molding Machine and Industrial Machinery was 31.66%, -43.64%, and -35.56% respectively versus the same period last year.
Chart 1: Revenue and shipment by quarter
3Q18 | 4Q18 | 1Q19 | 2Q19 | 3Q19 | 4Q19 | 1Q20 | 2Q20 | |
Revenue/NTD K | 1,558,005 | 1,702,768 | 1,552,357 | 1,950,616 | 2,168,195 | 2,228,818 | 1,130,199 | 2,135,664 |
shipment/tons | 32,762 | 36,007 | 32,619 | 40,649 | 45,237 | 45,612 | 24,222 | 46,328 |
Revenue % | 3Q18 | 4Q18 | 1Q19 | 2Q19 | 3Q19 | 4Q19 | 1Q20 | 2Q20 |
Renewable Energy | 23.5% | 38.8% | 43.3% | 47.9% | 59.4% | 66.6% | 60.7% | 66.99% |
Injection Molding Machine | 36.3% | 29.2% | 26.9% | 24.3% | 16.7% | 14.6% | 17.7% | 14.13% |
Industrial Machinery | 40.2% | 32.0% | 29.8% | 27.8% | 23.9% | 18.8% | 21.6% | 18.88% |
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.
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