Yeong Guan Group Press Release
Aug 09, 2023
Thank you for your attention and support to Yeong Guan Energy. Yeong Guan-KY (1589) announced its consolidated revenue of NT$ 600 million for July 2023. This represents an increase of 1.4% MoM and a decrease of 23.6% YoY. In terms of the shipment, we delivered 11,925 tons in July, an increase of 0.73% MoM and a decrease of 25.7% YoY. The weight shipped in July was the same as in June. As the global economic situation has not yet improved, the demand from customers for injection molding machines and industrial machinery is yet to recover. Meanwhile, the installation progress of wind power industry in mainland China is slowing down. At present, the market is still optimistic in the long term, but in the short term, people mostly waiting to see whether new incentive policies will be introduced, hoping to replicate the phenomenon of "booming demand" in the second half of 2022.
Revenue and Shipment by Quarter
2Q21 | 3Q21 | 4Q21 | 1Q22 | 2Q22 | 3Q22 | 4Q22 | 1Q23 | |
Revenue/NTD K | 2,234,753 | 2,270,470 | 2,297,280 | 1,813,099 | 2,330,418 | 2,480,775 | 2,759,632 | 2,217,676 |
shipment/tons | 50,451 | 49,531 | 49,209 | 37,247 | 47,349 | 51,104 | 56,382 | 44,341 |
Revenue % | 2Q21 | 3Q21 | 4Q21 | 1Q22 | 2Q22 | 3Q22 | 4Q22 | 1Q23 |
Renewable Energy | 46.2% | 43.2% | 41.1% | 33.8% | 42.3% | 47.8% | 56.4% | 58.4% |
Injection Molding Machine | 24.5% | 26.5% | 30.7% | 32.4% | 27.3% | 24.9% | 21.5% | 18.5% |
Industrial Machinery | 29.3% | 30.3% | 28.2% | 33.8% | 30.4% | 27.3% | 22.1% | 23.1% |
Investor Relations
Nick Lee
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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