Reported about 1 year ago
Eternal (4714) saw its revenue in May hit a new high in nearly 15 months, leading to a surge in stock price with specific buy orders. The closing price was 22.85 yuan, increasing by 4.34%, with trading volume reaching 19,572 shares, a 429% increase from the previous trading day. Foreign investors bought 4,445 shares while proprietary traders sold 35. With increasing demand from sports customers and additional orders, PU environmentally friendly water-based resins benefited from European customers meeting the needs of international semiconductor giants and sportswear brands pursuing ESG sustainability. In May, revenue grew by 16% monthly and 91% annually. Alongside increasing shipments of flexible HC materials, new orders and the completion of two construction projects in the third quarter are expected to drive profit growth. More reports from the Commercial Times on Taiwan's PCB output estimate exceeding 800 billion and 16 green energy stocks with strong potential, as well as three major investment plans in Taiwan being extended for another three years by the cabinet today.
Source: YAHOO