June 2021 Revenue and Shipment Overview
Dear Investors,
YG Group announced its consolidated revenue of NT$780 million for June 2021. This represents an increase of 15.0% Month-over-Month (MoM) and an increase of 8.0% Year-over-Year (YoY). In terms of the shipment, we delivered 17,833 tons in June, an increase of 14.6% MoM and an increase of 13.9% YoY.
Looking forward to July, considering that the port congestion in mainland China has been resolved, the demand for wind power customers' orders will be stable, and the demand for injection molding machines and industrial machinery customers will continue to grow. Therefore, we expect that the shipment volume in July will be maintained at a normal level.
Accumulated revenue of 2Q21 totaled NT$ 2.235 billion, an increase of 4.2% QoQ, and an increase of 4.6% YoY. Accumulated shipment of 2Q21 reached 50,451 tons, an increase of 10.6% QoQ, and an increase of 8.9% YoY.
The accumulated revenue of 1H21 totaled NT$ 4.38 billion, an increase of 34.1% YoY. Accumulated shipment of 1H21 reached 96,073 tons, an increase of 36.2% YoY. Revenue from Renewable Energy, Injection Molding Machine and Industrial Machinery in 1H21 was NT$ 2.326 billion, NT$ 942 million and NT$ 1.113 billion respectively. Revenue growth from Renewable Energy, Injection Molding Machine and Industrial Machinery was 9.9%, 87.7%, and 71.8% respectively versus the same period last year.
Chart 1: Revenue and shipment by quarter
3Q19 | 4Q19 | 1Q20 | 2Q20 | 3Q20 | 4Q20 | 1Q21 | 2Q21 | |
Revenue/NTD K | 2,168,195 | 2,228,818 | 1,130,199 | 2,135,664 | 2,430,601 | 2,487,810 | 2,145,708 | 2,234,753 |
shipment/tons | 45,237 | 45,612 | 24,222 | 46,328 | 52,370 | 53,612 | 45,622 | 50,451 |
Revenue % | 3Q19 | 4Q19 | 1Q20 | 2Q20 | 3Q20 | 4Q20 | 1Q21 | 2Q21 |
Renewable Energy | 59.4% | 66.6% | 60.7% | 67.0% | 72.8% | 67.4% | 60.3% | 46.2% |
Injection Molding Machine | 16.7% | 14.6% | 17.7% | 14.1% | 11.7% | 14.4% | 18.4% | 24.5% |
Industrial Machinery | 23.9% | 18.8% | 21.6% | 18.9% | 15.5% | 18.2% | 21.3% | 29.3% |
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 articleMay 2021 revenue and shipment overview2021-06-10
- NextJuly 2021 Revenue and Shipment Overview2021-08-09