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TPE:1303

3 stories mentioning TPE:1303Updated 15d ago

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Asia

Nan Ya Plastics' May Revenue Jumps 31% on AI, EG Strength

Nan Ya Plastics (TWI:1303) reported a 31% year-over-year jump in May non-audited consolidated operating revenue to NT$28.8 billion, according to a Taiwan bourse filing on Monday.The figure was also. up 4.2% from April, marking a 47-month high.The producer of plastic products attributed the growth to strong ethylene glycol performance and increased AI-related demand, driving electronic material revenues higher.In contrast, polyester and plastic processing products saw monthly declines due to weak consumer confidence and cautious procurement.Overall, revenue expansion was also supported by rising crude oil and raw material costs across most product lines.

TPE:1303
Asia

Tah Hsin Industrial Sheds Stake in Nan Ya Plastics Worth NT$200 Million

Tah Hsin Industrial (TPE:1315) sold 2.3 million Nan Ya Plastics (TPE:1303) shares for about NT$200.3 million.The shares were sold between Jan. 16 and June 2, at an average price of NT$86.89, according to a Tuesday Taiwan Exchange filing.The deal resulted in a gain of NT$119.13 million, the company said.Tah Hsin said the disposal was conducted as part of portfolio management.

TPE:1303TPE:1315
Asia

Nan Ya Plastics Revenue Hits 43-Month High in March; Shares Rise 5%

Nan Ya Plastics' (TPE:1303) consolidated revenue rose 18.1% year on year in March to NT$27.2 billion, according to a Friday Taiwan Exchange filing.Shares rose about 5% in Monday's late morning trade.Month on month, revenue jumped 46.4%, reaching a 43-month high, driven mainly by strong growth in electronic materials on robust demand from AI, high-performance computing and related applications.Chemical, polyester and plastic processing products also posted gains, supported by a post-Lunar New Year recovery in downstream demand, higher raw material costs and improved shipment volumes, the company said.

TPE:1303

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