Yeong Guan Group Press Release
January 09, 2025
Thank you for your attention and support to Yeong Guan Energy. Yeong Guan-KY (1589) announced its consolidated revenue of NT$ 810 million for December 2024. This represents an increase of 8.93% MoM and an increase of 7.00% YoY. In terms of the shipment, we delivered 17,681 tons in December, an increase of 2.32% MoM and an increase of 11.21% YoY. In December, both revenue and shipments were the highest of the year. Looking forward to 2025, the company will continue its established policy, strengthen the development of new customers and continue to develop diversified businesses, striving to increase business volume. In addition, the production scale will also continue to increase with the production capacity of the new factory in Taichung, and the new factory in Thailand will be put into production in 2025, which will effectively help the company's revenue and shipment performance. The full-year shipment target for 2025 will be set at more than 190,000 tons.
Consolidated revenue in the fourth quarter of 2024 was NT$2.19 billion, QoQ 18.89%; YoY 1.10%. The quarterly tonnage shipped was 49,672 tons, QoQ 19.91%; YoY 10.87%.
Consolidated revenue for 2024 was NT$7.202 billion, YoY -16.94%. The tonnage shipped of whole year was 162,889 tons, YoY -6.94%. Revenue from renewable energy, injection molding machines and industrial machinery of 2024 were NT$3.25 billion (YoY -30.81%), NT$1.75 billion (YoY 10.06%), and NT$2.19 billion (YoY -7.64%), respectively.
Revenue and Shipment by Quarter
1Q23 | 2Q23 | 3Q23 | 4Q23 | 1Q24 | 2Q24 | 3Q24 | 4Q24 | |
Revenue/NTD K | 2,217,676 | 2,342,408 | 1,938,525 | 2,172,401 | 1,420,144 | 1,738,612 | 1,847,225 | 2,196,255 |
shipment/tons | 44,341 | 46,970 | 38,933 | 44,801 | 32,162 | 39,632 | 41,423 | 49,672 |
Revenue % | 1Q23 | 2Q23 | 3Q23 | 4Q23 | 1Q24 | 2Q24 | 3Q24 | 4Q24 |
Renewable Energy | 58.4% | 50.6% | 51.4% | 56.2% | 40.3% | 45.6% | 44.6% | 48.2% |
Injection Molding Machine | 18.5% | 18.8% | 18.9% | 17.3% | 26.0% | 22.5% | 24.6% | 24.6% |
Industrial Machinery | 23.1% | 30.6% | 29.7% | 26.5% | 33.7% | 31.9% | 30.8% | 27.2% |
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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