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Wah Lee Industrial Corp. announced its July 2014 unaudited consolidated sales of NT$3,471M.
On Aug. 8, 2014, Wah Lee Industrial Corp. (TSE: 3010) announced its July 2014 unaudited consolidated sales of NT$3,471M. July sales increased by 7.46% compared to last month, and the monthly sales increased by 15.83% compared to the same month last year. 2014 YTD consolidated sales was NT$22,473M, an increase of 16.08% compared to the same period of 2013.
In July 2014, sales increased from seasonal growth in electronic industries compared to June in the sectors of semiconductor, C/C, and FPD. Semiconductor sales continued to grow driven by customers' strong demands in advance processes. Sales of high-end engineering plastic in the C/C sector and IC products in the FPD sector both increased due to materials demands for new consumer electronic products prepared for the holiday season. Green sales decreased because solar customers adjusted their sale allocation due to recent US Counter-veiling duties and Anti-dumping measure announcement. However, the solar market is expected to expand in 2014H2 due to China government's encouragement for distributed solar power projects and Japan's increasing solar power installation to catch a higher subsidy power price. 2014 YTD sales breakdown by industry is as follows:
|
Sectors |
2014 YTD Sales Percentage |
|
Computer/ Communication(high-end engineering plastics & PCB) |
40.17% |
|
FPD (TFT LCD, touch panel) |
21.70% |
|
Semiconductor |
20.45% |
|
Green Energy (solar, LED, rechargeable battery) |
13.58% |
|
Others |
4.10% |
About Wah Lee Industrial Corp.：Wah Lee Industrial Corp. was founded in 1968. In order to satisfy the needs from the industry development of Taiwan and the overall operation requirements of the company, we have successfully introduced materials and equipment for industries of PCB, semiconductor, computer and communication, FPD, and green energy. Our goal is to be the leading hi-tech solution integrator and provider in Greater China area. The company is headquartered in Kaohsiung, with branch offices in China, Singapore, and Korea.