Taiwan Synthetic Rubber's June Revenue Increases by 28%

Reported about 1 year ago

Taiwan Synthetic Rubber (2103) achieved a significant growth in revenue in the first half of the year with a 28% year-on-year increase in June, reaching NT$3.1 billion and accumulating NT$17.69 billion in the first half of the year. The market is optimistic about the company's performance in the second half of the year, expecting continued improvement in gross profit. Taiwan Synthetic Rubber is focusing on adjusting its product structure, especially in the area of SSBR for electric vehicle tires, which has become one of the pillars of its operations. Additionally, the company is venturing into the medical product field, such as supplying medical materials in the mainland China market and projecting a significant increase in supply next year.

Source: YAHOO

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