Reported 8 months ago
Junfeng Industrial (4584), known for developing and manufacturing key components for fluid, gas, and pneumatic automation industries, reported a 23.34% increase in May revenue of 1.08 billion NTD compared to the same period last year, with total revenue from January to May reaching 5.06 billion NTD, a significant 28.84% growth from last year. The company anticipates continued growth in tire demand and a rebound in the medical market in 2024, which could drive Junfeng Industrial's next wave of expansion. With a strong performance in the first quarter and positive outlook for tire, medical, and automotive industries, the company is also expanding manufacturing operations to meet increasing demands and enhance market competitiveness.
Source: YAHOO