September 2021 Revenue and Shipment Overview
Dear Investors,
YG Group announced its consolidated revenue of NT$766 million for September 2021. This represents an increase of 2.54% Month-over-Month (MoM) and a decrease of 7.86% Year-over-Year (YoY). In terms of shipment, we delivered 16,573 tons in September, an increase of 0.69% MoM and a decrease of 6.16% YoY.
Looking ahead to October, taking into account the reduction in the number of working days due to the Oct 1st holiday in mainland China, our shipment volume will be affected somewhat. While customer orders remain at a normal level, but since it’s uncertain if the Chinese government will announce any new regulations in Oct to restrict electricity usage thus we can’t determine if there will be any impact to our production as of now.
Consolidated revenue in the third quarter of 2021 was NT$2.27 billion, QoQ 1.60%; YoY -6.59%. The quarterly tonnage shipped was 49,531 tons, QoQ -1.82%; YoY -5.42%.
Consolidated revenue for the first three quarters of 2021 was NT$6.651 billion, YoY 16.76%. The tonnage shipped in the first three quarters was 145,604 tons, YoY 18.45%. Revenue from renewable energy, injection molding machines and industrial machinery in the first three quarters of 2021 were NT$3.306 billion (YoY -14.9%), NT$1.545 billion (YoY 96.7%), and NT$1.8 billion (YoY 75.6%), respectively.
Revenue and Shipment by quarter
4Q19 | 1Q20 | 2Q20 | 3Q20 | 4Q20 | 1Q21 | 2Q21 | 3Q21 | |
Revenue/NTD K | 2,228,818 | 1,130,199 | 2,135,664 | 2,430,601 | 2,487,810 | 2,145,708 | 2,234,753 | 2,270,469 |
shipment/tons | 45,612 | 24,222 | 46,328 | 52,370 | 53,612 | 45,622 | 50,451 | 49,531 |
Revenue % | 4Q19 | 1Q20 | 2Q20 | 3Q20 | 4Q20 | 1Q21 | 2Q21 | 3Q21 |
Renewable Energy | 66.6% | 60.7% | 67.0% | 72.8% | 67.4% | 60.3% | 46.2% | 43.2% |
Injection Molding Machine | 14.6% | 17.7% | 14.1% | 11.7% | 14.4% | 18.4% | 24.5% | 26.5% |
Industrial Machinery | 18.8% | 21.6% | 18.9% | 15.5% | 18.2% | 21.3% | 29.3% | 30.3% |
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 articleAugust 2021 Revenue and Shipment Overview2021-09-09
- NextFinancial Results For The 3rd Quarter of 20212021-11-04