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Yeong Guan Group Press Release
March 08, 2024
Thank you for your attention and support to Yeong Guan Energy. Yeong Guan-KY (1589) announced its consolidated revenue of NT$ 260 million for February 2024. This represents a decrease of 57.31% MoM and a decrease of 62.82% YoY. In terms of the shipment, we delivered 5,544 tons in February, a decrease of 60.64% MoM and a decrease of 61.28% YoY. Shipments and revenue declined in February due to fewer working days cause by lunar new year holiday. Meanwhile, product prices were also affected by increasingly fierce competition in the industry, requiring price adjustments.
Revenue and Shipment by Quarter
1Q22 | 2Q22 | 3Q22 | 4Q22 | 1Q23 | 2Q23 | 3Q23 | 4Q23 | |
Revenue/NTD K | 1,813,099 | 2,330,418 | 2,480,775 | 2,759,632 | 2,217,676 | 2,342,408 | 1,938,525 | 2,172,401 |
shipment/tons | 37,247 | 47,349 | 51,104 | 56,382 | 44,341 | 46,970 | 38,933 | 44,801 |
Revenue % | 1Q22 | 2Q22 | 3Q22 | 4Q22 | 1Q23 | 2Q23 | 3Q23 | 4Q23 |
Renewable Energy | 33.8% | 42.3% | 47.8% | 56.4% | 58.4% | 50.6% | 51.4% | 56.2% |
Injection Molding Machine | 32.4% | 27.3% | 24.9% | 21.5% | 18.5% | 18.8% | 18.9% | 17.3% |
Industrial Machinery | 33.8% | 30.4% | 27.3% | 22.1% | 23.1% | 30.6% | 29.7% | 26.5% |
Investor Relations
Nick Lee
Investor Relations
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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