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| Investment Spotlight / Contact Us / Proposal /; 繁體中文 } |
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March 12, 2018 Wah Lee Industrial Corp. (3010.TT) announced February 2018 unaudited consolidated sales of NT$2,934M, a 3.50% growth from the same period last year; Cumulative 2018 Jan.-Feb. consolidated sales was NT$7,389M and increased by 26.01%, compared to the same period last year.
Geographic expansion has been an important growth strategy for distributors. After successful establishment of business in China, Wah Lee has been progressively penetrating into ASEAN countries such as Singapore, Vietnam, and Indonesia and will harvest the population bonus from these countries.
After the fruitful results in China and ASEAN, Wah Lee has started to penetrate into US and EU markets. After several years of development and cultivation, Wah Lee has started to sell electronic products into local US and EU markets. As a result, Wah Lee has successfully set foot in North America, England, and Holland and will subsequently expand into France, Belgium and other countries. The cumulative sales of electronic products sold in the US and EU markets this year has grown by several folds than the same period of last year.
Wah Lee continues to implement geographic expansion. Wah Lee is also actively looking for new applications for existing products and explores new technologies and new industry segments. Under these strategies of geographic expansion, new applications for existing products, and new products for new industry and technologies, we hope to maintain the continuous sales growth momentum during the past 50 years since the Company establishment.
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Sectors |
Jan.-Feb. 2018 Sales % |
|
Computer/Communication(high-end engineering plastics & PCB) |
45.9% |
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Semiconductor |
21.8% |
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FPD (TFT LCD, touch panel) |
21.7% |
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Green Energy (solar, LED, rechargeable battery) |
6.6% |
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Others |
4.0% |