Reported 3 months ago
Taiwan Power's robust electric grid plan and rising copper prices have significantly enhanced the revenue performance of the cable industry, with major companies such as Daya leading stock increases. The cable firms collectively gained substantial contracts for high-voltage cables, pushing their sales growth in June and the first half of the year, despite some setbacks for a few companies. Overall, the outlook remains optimistic for cable manufacturers, benefiting from both governmental contracts and favorable market conditions.
Source: YAHOO