Reported 7 months ago
On June 12, 2024, Three-Fu Hua (4755) held a shareholders' meeting, where Chairman Wu Xinhong mentioned that last year, due to the excessive capacity expansion of panel factories in mainland China leading to market supply-demand imbalance and weakening demand from two major panel customers, it affected Three-Fu Hua's performance. However, the current operations have shown signs of improvement with growth expected from industries like semiconductors and contributions from the Vietnamese factory, aiming for overall growth this year. Additionally, Three-Fu Hua's first purified line of TMAH for semiconductors has commenced production and will initially supply to small and medium-sized manufacturers.
Source: YAHOO