Reported about 1 year ago
Trade-Van KY and Chien Hsin have managed to balance out their operations in the first half of the year despite challenges in the electric car market. Trade-Van KY saw a slight decrease in revenue compared to last year, while Chien Hsin achieved a small increase. Trade-Van KY experienced a slowdown in electric car shipments in June, but non-electric car shipments remained stable, and there was an increase in capital equipment customers for wire harnesses. Chien Hsin's revenue rebounded significantly in June, setting new records and surpassing last year's figures. Looking ahead, Chien Hsin is optimistic about the completion of new production lines in Thailand and anticipates increased production in the second half of the year. Meanwhile, Liangwei, another player in the industry, is also experiencing growth in revenue and EPS compared to last year, with a positive outlook for the year's performance.
Source: YAHOO