Outline of Revenue Shipping
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Yeong Guan Group Press Release

2024-01-10 1332

January 10, 2024

Dear Investors,

Thank you for your attention and support to Yeong Guan Energy. Yeong Guan-KY (1589) announced its consolidated revenue of NT$ 757 million for December 2023. This represents an increase of 2.72% MoM and a decrease of 20.60% YoY.  In terms of the shipment, we delivered 15,889 tons in December, an increase of 3.45% MoM and a decrease of 17.47% YoY. In December, shipments not only continued the growth trend of the previous month, but also helped annual shipments exceed 170,000 tons. Looking forward to 2024, the company will continue to expand new customers and develop new businesses, and strive to increase the business volume of industrial machinery and injection molding machine customers. At the same time, the new factory in Taichung will also officially enter mass production and is expected to increase the group's revenue and shipments. The full-year shipment target for 2024 will be set at more than 190,000 tons.

 

 

Consolidated revenue in the fourth quarter of 2023 was NT$2.17 billion, QoQ 12.1%; YoY -21.28%. The quarterly tonnage shipped was 44,801 tons, QoQ 15.07%; YoY -20.54%.

 

 

Consolidated revenue for 2023 was NT$8.671 billion, YoY -7.60%. The tonnage shipped of whole year was 175,043 tons, YoY -8.87%. Revenue from renewable energy, injection molding machines and industrial machinery of 2023 were NT$4.69 billion (YoY 8.23%), NT$1.59 billion (YoY -34.55%), and NT$2.38 billion (YoY 8.78%), respectively.

 

 

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

 

 

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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