Yeong Guan Group Press Release
October 8, 2022
Thank you for your attention and support to Yeong Guan Energy. Yeong Guan-KY (1589) announced its consolidated revenue of NT$ 845 million for September 2022. This represents a decrease of 0.47% MoM and an increase of 10.30% YoY. In terms of the shipment, we delivered 17,199 tons in September, a decrease of 3.64% MoM and an increase of 3.78% YoY. In September, Yeong Guan's production line remains in full operation, and shipments are still in full swing and arranged in an orderly manner according to customer schedule. However, the tonnage of shipments decreased slightly compared with the previous month, which was due to the warehousing arrangement for the long holiday in October in cooperation with customers in mainland China. Castings will be dispatched after the holidays according to customer plans. Looking forward to the operation and shipments in October, it is expected to continue to remain strong.
Consolidated revenue in the third quarter of 2022 was NT$2.48 billion, QoQ 6.45%; YoY 9.26%. The quarterly tonnage shipped was 51,104tons, QoQ 7.93%; YoY 3.18%.
Consolidated revenue for the first three quarters of 2022 was NT$6.624 billion, YoY -0.41%. The tonnage shipped in the first three quarters was 135,700 tons, YoY -6.80%. Revenue from renewable energy, injection molding machines and industrial machinery in the first three quarters of 2022 were NT$2.79 billion (YoY -15.78%), NT$1.84 billion (YoY 19.12%), and NT$2.0 billion (YoY 11.1%), respectively.
Revenue and Shipment by Quarter
4Q20 | 1Q21 | 2Q21 | 3Q21 | 4Q21 | 1Q22 | 2Q22 | 3Q22 | |
Revenue/NTD K | 2,487,810 | 2,145,708 | 2,234,753 | 2,270,470 | 2,297,280 | 1,813,099 | 2,330,418 | 2,480,775 |
shipment/tons | 53,612 | 45,622 | 50,451 | 49,531 | 49,209 | 37,247 | 47,349 | 51,104 |
Revenue % | 4Q20 | 1Q21 | 2Q21 | 3Q21 | 4Q21 | 1Q22 | 2Q22 | 3Q22 |
Renewable Energy | 67.4% | 60.3% | 46.2% | 43.2% | 41.1% | 33.8% | 42.3% | 47.8% |
Injection Molding Machine | 14.4% | 18.4% | 24.5% | 26.5% | 30.7% | 32.4% | 27.3% | 24.9% |
Industrial Machinery | 18.2% | 21.3% | 29.3% | 30.3% | 28.2% | 33.8% | 30.4% | 27.3% |
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
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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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