Yosun announces preliminary consolidated revenues of NT$12.12 billion for November with a growth of 11.5% compared to October this year and a significant growth of 88.2% compared to last year. The subsidiary companies of the Yosun Group have built a competitive marketing strategy through product differentiation, complementary products and a broad product range. In terms of client types, our clients are based in all industries, ranging from IT, telecommunication, consumer electronics, transportation, to industrial manufacturing etc. There were dramatic swings in revenues over the first 11 months of 2009 when the first two quarters were hit by the global credit crisis. Under the positive impact of a range of successful product lines, 3Q began to show strong and stable revenue growth that led to a remarkable revenue performance in November.
Unit: NT$ Million
|
Item
|
November 2009
|
October 2009
|
Increase (decrease) %
(MoM)
|
November 2008
|
Increase (decrease)
%
(YoY)
|
|
Consolidated Revenues
|
$12,123
|
$10,870
|
11.5%
|
$6,439
|
88.2%
|
The 4Q is generally considered a low season for PC sales performance, nevertheless, the consolidated revenue is still underpinned by strong sales volumes that are driven by the demand from a range of industries, especially in the mainland Chinese market, where Yosun’s long term efforts have finally paid off. An analysis of the consolidated revenue allocation, based upon the regional distribution of product delivery and transportation, shows that the rising market demand in mainland has contributed 60% of the revenue share since 2005. This has been followed by stable growth each year and is now responsible for approximately 70% of the current consolidated revenue. The revenue growth for each product of the subsidiary distribution companies is being rapidly propelled by the ongoing increase in domestic market demand for household appliances, telecommunication devices, consumer electronics and cars in mainland . The revenue in November has benefited greatly from a wide range of distributed products, in particular household audio-video equipment, energy-saving green devices, air-conditioners, electric vehicles, LED lighting devices, mobile phones and telecommunication equipment etc.
Yosun states that these top fifteen major distributed products have contributed more than 90% of the November revenue,with a growth rate of at least 95% compared to the same period last year. This shows that our major product distributions have a solid competitive advantage in a broad market range. The increase in work days for the month of November also helped to boost the sales performance of DRAM, CD-ROM, PC accessories and components. The growing demand for set-top box (STB) and IC related products for communications and the Internet are expected to enhance the revenue growth.and IC related products for communications and the Internet are expected to enhance the revenue growth. Ever since the start of 4Q, consumer electronics has continued to show and hold a steady increase in both the Taiwanese and mainland Chinese markets. This is likely to push the demand of lower stream clients towards micro controller units, another Yosun distributed product. |
