Yosun announces a pretax net profit of NT$501 million for the preliminary 3Q financial statement with the pretax EPS exceeding NT$1 to reach NT$1.38. The accumulated pretax net profit of the last 3 quarters reached NT$964 million with a pretax EPS of NT$2.66.

Yosun states that 2009 is a year of daunting economic challenge to businesses. The impact of the global financial crisis at the end of last year, caused the 2008 revenue to fall abruptly from a peak of NT$12.5 billion to an all-time low of NT$5.4 billion in January this year, marking an extremely harsh business operating environment. In response to the time of mass layoffs, salary cuts and no-pay leave in the industry, the operation departments of Yosun devoted themselves to the motivation of employees. Instead of preparing to announce staff layoffs and no-pay leave, Yosun enhanced stock risk management to alleviate the pressure on the business operation. Yosun has also been particularly cautious in the selection of clients and suppliers with the sole intention of boosting revenue. As a result Yosun sales performance showed steady progress from February onwards. Domestic and international economies both headed towards recovery by 3Q and the positive impact of peak season optimized the sales performance. This was reflected in the highest record of the year and second highest record (NT$12.3 billion in September) in company history in consecutive months. The single-season pretax EPS has, once again, exceeded NT$1 to reach NT$1.38.

As 4Q approaching, Yosun is still devoted to exploring the enormous business opportunities of the second and third-tier cities of mainland China, while putting incessant effort into building the fields of innovative applications, such as LED lighting and “White Goods”.  A sterling performance in profit margin is expected in the near future.