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| Investment Spotlight / Contact Us / Proposal /; 繁體中文 } |
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Wah Lee Industrial Corp. (3010.TT) announced September 2018 unaudited consolidated sales of NT$4,869M, an 18% growth from the same period last year. Cumulative 2018 Jan.-Sep. consolidated sales was NT$39,370M and increased by 26.9%, compared to the same period last year. Due to strong growth momentum from high-end engineering plastics, FPD, and PCB industry, September sales has come to second to record-high in this year.
Wah Lee has been helping Taiwanese companies to sell their products to the world in the past 50 years. Since the beginning of this year, Taiwan-American relationship has warmed up. This is beneficial to Taiwan, which is an export-oriented economy. Taiwanese companies will be able to build new supply chain and increase the trades between two sides, Wah Lee will be playing an important role is this development. Wah Lee will cooperate with its various Japanese suppliers to help Taiwanese companies to expand into ASEAN and US, EU markets.
Wah Lee has developed the PCB industry for more than 40 years, representing leading Japanese raw materials, equipment, and components, and helped Taiwan PCB makers to upgrade in technologies. Wah Lee carries CCL(copper clad laminate), dry film, release film, electroplating copper film, etc. Wah Lee’s flexible CCL has been adopted by major smartphone companies’ wireless earphones and battery modules. It’s also been used in wearable devices(watches). The future of this product is highly expected.
CCL used in high frequency Dk & Df has excellent performance in resistance and low power consumption. In the future, when 5G and AI era arrives, these components will help high-end servers to grab more market shares. Taiwan has very good PC, server manufacturers, so world-renowned social media and search engines will enlarge its procurement of Taiwanese-made high-end servers. Wah Lee will benefit from these demands in high frequency raw materials and is optimistic about the future for these raw materials.
Wah Lee has diversified into different technology categories and will not be easily affected by a single industry downturn. In addition to that, Wah Lee also operates across geographical regions, such as Asia, EU, and US and will keep its strong sales momentum. Wah Lee is also stepping into the major future industries such as 5G, AI, EV, biomedical, and clean environment. We anticipate the company will continue to deliver good results and will be prepared to grow into the next 50 years.
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Sectors |
Jan.-Sep. 2018 Sales % |
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ICT materials (high-end engineering plastics & PCB) |
44.2% |
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Semiconductor |
20.1% |
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FPD (TFT LCD, touch panel) |
25.0% |
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Green Energy (solar, LED, rechargeable battery) |
6.4% |
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Others |
4.3% |