Boosted good news, Ta Ya is set to gather momentum for the second half of the year [Economic Daily News]

2017/09/01
       Ta Ya of the electric wires & cables stock category (1609) held an earnings conference call yesterday (August 31) to state that due to the rising copper price, profit from currency exchange, and build-before-sales construction projects, the Ta Ya Group’s operation momentum was on the rise for the first half of the year. For the second half of the year, Ta Ya is expected to maintain the same momentum, as seen in the first half.
       For the first half of the year, Ta Ya reaps a revenue of NT$7.793 billion on an annual increase rate of 12.8%, with an after-tax net profit of NT$131 million showing a turn from loss to profit. Now its earnings per share (EPS) is NT$0.23. Ta Ya’s main focus is on the solar power sector and enameled magnet wires that are all conducive in raising the gross margin.
       Ta Ya Group has four business groups: enameled magnet wires, magnets and wires, new business development, and copper management and construction. For electric wires and cables production, there are two manufacturing plants in both China and Vietnam, while production in Taiwan focuses on auxiliary connection equipment for electric wires and cables, as well as providing installation and maintenance service for electric wires and cables. They are available from the lowest voltage 600V to the highest voltage 345kV.