April 2022 Revenue and Shipment Overview
YG Group announced its consolidated revenue of NT$688 million for April 2022. This represents an increase of 1.17% Month-over-Month (MoM) and a decrease of 11.52% Year-over-Year (YoY). In terms of the shipment volume, we delivered 13,704 tons in April, an increase of 0.38% MoM and a decrease of 19.68% YoY. The lower-than-expected revenue and shipments in April were mainly due to the COVID-19 restrictions in Shanghai, which affected both export and inland transportation as well as customer demand in the Yangtze River Delta region. Looking forward to May shipments, as the COVID-19 restrictions around Shanghai is still being enforced, the monthly volume is expected to remain at current levels.
Revenue and Shipment by Quarter
2Q20 | 3Q20 | 4Q20 | 1Q21 | 2Q21 | 3Q21 | 4Q21 | 1Q22 | |
Revenue/NTD K | 2,135,664 | 2,430,601 | 2,487,810 | 2,145,708 | 2,234,753 | 2,270,470 | 2,297,280 | 1,813,099 |
shipment/tons | 46,328 | 52,370 | 53,612 | 45,622 | 50,451 | 49,531 | 49,209 | 37,247 |
Revenue % | 2Q20 | 3Q20 | 4Q20 | 1Q21 | 2Q21 | 3Q21 | 4Q21 | 1Q22 |
Renewable Energy | 67.0% | 72.8% | 67.4% | 60.3% | 46.2% | 43.2% | 41.1% | 33.8% |
Injection Molding Machine | 14.1% | 11.7% | 14.4% | 18.4% | 24.5% | 26.5% | 30.7% | 32.4% |
Industrial Machinery | 18.9% | 15.5% | 18.2% | 21.3% | 29.3% | 30.3% | 28.2% | 33.8% |
Investor Relations
Kevin Tsai
Investor Relations, Assistant General Manager
Add: 4F., No93, Xinhu 1St Rd., NeihuDist., Taipei, Taiwan(R.O.C.)
Tel : +886-2-2791-7198
Mobile : +886-978-705-865
E-mail : ir@ygget.com
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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