html On April 17, the "Business Times" reported: Yuqi-KY (9802)'s first-quarter consolidated revenue was NT$2.773 billion, an annual increase of 7.6%, a record high for the same period in history, and its gross profit margin was 23.8%, an increase from the same period last year. An increase of 4.2 percentage points, operating profit increased by 35.8% over the same period last year, reaching NT$356 million, net profit attributable to the parent company after tax was NT$354 million, and EPS was NT$2.02, which also increased significantly by 72.5% and 50.7 respectively compared with the same period last year. %, first-quarter revenue, operating profit, and net profit after tax, creating a record high for the same period in history.
Yuqi Mainland, Vietnam and Cambodia production capacity accounted for 27.7%, 43.2% and 29.1% respectively in the first quarter. Non-mainland production capacity accounted for more than 70%, and Cambodian production capacity surpassed the mainland for the first time. Regarding sales regions (designated destinations for brand customers), the revenue and proportion of Greater Europe in the first quarter reached NT$1.23 billion and 44.4% respectively, while the Greater America market has been successfully developed year by year, reaching NT$1.03 billion in the first quarter. yuan (37.1%). The multi-brand order-taking strategy can indeed produce multiple positive effects on product portfolio optimization, operational scale expansion and sales geographical dispersion.
The global novel coronavirus pneumonia (COVID-19) epidemic has caused factories in mainland China to delay the start of operations and reduce total production in February and March. Since mid-to-late March, as the global epidemic has rapidly worsened, brand customers’ ordering attitudes have changed. The momentum for pulling goods has turned conservative, and the current international situation is still highly uncertain. Therefore, the operating outlook in the next few months still depends on the degree of global epidemic control and the performance of the end consumer market.
