Yeong Guan Group Press Release
Sep 08, 2023
Thank you for your attention and support to Yeong Guan Energy. Yeong Guan-KY (1589) announced its consolidated revenue of NT$ 674 million for August 2023. This represents an increase of 12.2% MoM and a decrease of 20.6% YoY. In terms of the shipment, we delivered 13,858 tons in August, an increase of 16.2% MoM and a decrease of 22.4% YoY. In August, the demand for industrial machinery and injection molding machines which are highly correlation with economic changes have not yet increased, and the momentum for wind power industry has not recovered as well. The overall economic situation is still unclear. However, the shipment weight in August increased slightly compared with the previous month. Whether it is an early signal of economic recovery remains to be seen.
Revenue and Shipment by Quarter
3Q21 | 4Q21 | 1Q22 | 2Q22 | 3Q22 | 4Q22 | 1Q23 | 2Q23 | |
Revenue/NTD K | 2,270,470 | 2,297,280 | 1,813,099 | 2,330,418 | 2,480,775 | 2,759,632 | 2,217,676 | 2,342,408 |
shipment/tons | 49,531 | 49,209 | 37,247 | 47,349 | 51,104 | 56,382 | 44,341 | 46,970 |
Revenue % | 3Q21 | 4Q21 | 1Q22 | 2Q22 | 3Q22 | 4Q22 | 1Q23 | 2Q23 |
Renewable Energy | 43.2% | 41.1% | 33.8% | 42.3% | 47.8% | 56.4% | 58.4% | 50.6% |
Injection Molding Machine | 26.5% | 30.7% | 32.4% | 27.3% | 24.9% | 21.5% | 18.5% | 18.8% |
Industrial Machinery | 30.3% | 28.2% | 33.8% | 30.4% | 27.3% | 22.1% | 23.1% | 30.6% |
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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