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August 9, 2016 Wah Lee Industrial Corp. (3010.TT) announced its July 2016 unaudited consolidated sales of NT$3,411M, which was a minor decrease of 2.37% from last month and a decrease of 3.36% from the same period of last year. Cumulative Jan.-July 2016 consolidated sales was NT$22,449M, still an increase of 2.20% as compared to the same period last year.
The performance of Wah Lee’s July sales was contributed by the continuing growth from C/C and Semiconductor industries, which were driven by the seasonal demand. Semiconductor industry, in particular, grew pretty strongly. Flat Panel Display customers had pulled their inventory in the previous month, thus resulting in a minor momentum this month. The optimistic view of recovery in the FPD industry was still maintained. In summary, Wah Lee continues to provide the key raw materials customers require for their high-end and advanced manufacturing processes and is supplying to the current and future mainstay industries in the greater China area.
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Sectors |
Jan.-July 2016 Sales % |
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Computer/Communication(high-end engineering plastics & PCB) |
42.8% |
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Semiconductor |
23.1% |
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FPD (TFT LCD, touch panel) |
15.3% |
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Green Energy (solar, LED, rechargeable battery) |
13.5% |
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Others |
5.3% |