Reported about 1 year ago
Chun You (4506) announced a consolidated revenue of NT$3.92 billion for June 2024, a 29.9% decrease year-on-year due to the short-term deferral of recognizing completion of certain projects. However, despite this, Chun You continued to deepen the growth momentum of its three main businesses, with a cumulative consolidated revenue of NT$12.58 billion for Q2 2024, representing a 2.75% growth from the previous quarter. The company highlighted the rising numbers of new elevators (including replacing old ones) and maintenance revenue, emphasizing the importance of elevator operational safety and professional licensed vendors. This positive performance, coupled with efforts in elevator technology innovation and development, is contributing to Chun You's leadership position in the elevator market.
Source: YAHOO