Terrynet Challenges Revenue to Set New High for Third Consecutive Year

Reported 8 months ago

Terrynet, a car lamp component factory, is aiming to achieve record-high revenue for the third consecutive year. With stable growth in North American aftermarket (AM) and Chinese original equipment manufacturer (OEM) demands, Terrynet's chairman Wu Guozhen expressed optimism at the shareholders meeting, highlighting the company's efforts in obtaining CAPA certification for car lamp products and accelerating new lamp development to secure a leading market position. With revenue reaching NT$8.589 billion in the first five months of the year, Terrynet is poised to surpass NT$20 billion for the year, expecting continued profit growth. Terrynet also focuses on enhancing its competitive edge by deepening involvement in the North American and Chinese markets, especially in the field of new energy vehicles, smart cabin ambiance lights, and intelligent car lighting systems.

Source: YAHOO

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