Evertop Technology Records Over 50% Year-on-Year Revenue Growth in May with Quarterly Growth

Reported about 1 year ago

Evertop Technology (3499), on June 10, 2024, announced a May revenue of 35 million NT dollars, a 7.02% increase from the previous month and a remarkable 55.52% year-on-year growth, attributed to stable new product shipments. The company's revenue in the first five months reached 157 million NT dollars, up 22.85% from the same period in 2023. Analysts predict that Evertop Technology's revenue will continue to grow quarterly in 2024, with the second quarter expected to outperform the first. Additionally, the company might achieve profitability in the second quarter, marking three consecutive quarters of turning losses to profits, making 2024 a significant turning point year for the company. The new board of directors, with Dr. Zheng Shiyang elected as the new chairman, signals a generational transition in leadership, potentially introducing new strategies and business models for sustainable growth.

Source: YAHOO

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