Bao Guan Receives Repeat Orders from Military Clients, Achieves Record Highs in March and Q1 Revenue

Bao Guan announced its March revenue today, reaching NT$371 million, a year-on-year increase of 31.74% and a significant surge of 52% from February, setting a new historical record for monthly revenue. Cumulative revenue for the first quarter reached NT$917 million, a year-on-year increase of 17.77% and a quarter-on-quarter increase of 20.4%, also setting new historical records.

Bao Guan stated that as global geopolitical risks escalate, various countries are actively strengthening their defense capabilities, driving rapid growth in military-related demand. Benefiting from continuous order additions from military clients, the monthly growth rate for military-related product performance in March reached as high as 125%, with clear follow-up demand expected to continue through the end of this year.

Additionally, Bao Guan mentioned that aerospace rescue product performance in March also showed year-on-year and month-on-month growth, both achieving double-digit increases. Bao Guan's fabrics for escape slides have become a major supplier, with significant growth in shipment momentum. In terms of outdoor products, sales through distribution channels exceeded expectations, and brand clients also continued to place additional orders.

Facing the recent impact of Middle East conflicts on the petrochemical supply chain, leading to raw material price increases, Bao Guan stated that it has secured the necessary materials for production until May of this year in advance. They have also communicated with clients regarding subsequent price adjustment mechanisms to appropriately reflect cost changes. Currently, the company's production capacity is fully booked until the end of September, and order visibility remains at a certain level. (Editor: Zhang Junmao) 1150407