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  • 2018.09

    • Wah Lee Industrial Corp. (3010.TT) announced August 2018 unaudited consolidated sales of NT$4,964M

    September 14, 2018  Wah Lee Industrial Corp. (3010.TT) announced August 2018 unaudited consolidated sales of NT$4,964M, a 22.9% growth from the same period last year, setting record high.  Cumulative 2018 Jan.-Aug. consolidated sales was NT$34,498M and increased by 28.30%, compared to the same period last year.

     Wah Lee’s FPD sector has been growing rapidly so far this year.  Cumulative first 8 month sales growth of the sector has reached high double digit rate.  Among the drivers, the most important one was the next-generation electronic product which has successfully penetrated into US and EU markets within the past two years.  With the geographic expansion and the development of new application market and customers, the next-generation electronic product has more than doubled its sales as compared to last year.  Wah Lee will continue to expand into more countries in EU and keep the competitiveness of this technologically advantageous product.

     

    Wah Lee has been a leading supplier of high-end engineering plastics and PCB raw materials in the greater China market and ASEAN countries.  High-end engineering plastics were benefited from the strong demand of optical grade plastics and the growing applications in the automobile industry.  The sales has been growing at double digit.  With the new smartphones were launched recently from US and Chinese customers, we expect there will be a continuously strong demand going forward.

     

    Wah Lee’s leading position in semiconductor materials is also obvious.  Wah Lee has made great amount of semicon raw material sales to Taiwanese as well as Chinese semiconductor customers.  Wah Lee’s semiconductor sales has continued its growth trend in the first 8 months of this year.

     

    Wah Lee showed very successful sales records in all of the aforementioned industries and therefore YTD sales set a record high in history.  The cumulative Jan.-Aug. sales reached NT$34,498M and increased by 28.30%, compared to the same period of last year.

     

    Sectors

    Jan.-Aug. 2018 Sales %

    ICT materials (high-end engineering plastics & PCB)

    44.7%

    Semiconductor

    20.3%

    FPD (TFT LCD, touch panel)

    24.4%

    Green Energy (solar, LED, rechargeable battery)

    6.3%

    Others

    4.3%