Airtouch-KY Reports Record Second-Quarter Revenue, Eyes Strong Second Half Demand
Translated from Chinese, summarized and contextualized by DistantNews.
At a glance
- Air component manufacturer Airtouch-KY (1590) reported a record-high second-quarter revenue, driven by a recovery in the Chinese market and demand for smart manufacturing.
- The company's consolidated revenue for June reached NT$3.913 billion, a 45% increase year-on-year.
- Airtouch-KY noted that June's order intake also contributed significantly to the strong performance, with expectations for continued demand in the second half of the year.
Airtouch-KY, a leading manufacturer of air components, has announced a record-breaking second quarter, with revenue soaring to new heights. The company's performance was significantly boosted by a resurgence in demand from the Chinese market, coupled with the growing adoption of smart manufacturing technologies and industrial upgrades.
In June alone, Airtouch-KY achieved a consolidated revenue of NT$3.913 billion, marking an impressive 45% year-on-year increase. This strong monthly performance was further supported by a robust order intake, indicating sustained customer demand.
The company expressed optimism for the latter half of the year, anticipating continued strong demand. This positive outlook is underpinned by the ongoing trends in industrial automation and the strategic importance of its components in various manufacturing sectors. Airtouch-KY's financial results reflect a healthy recovery and strong growth trajectory.
Originally published by Liberty Times in Chinese. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.