Pneumatic component manufacturer Airtac-KY announced today that it expects its revenue growth in the pneumatic segment to exceed 10% this year, outperforming the industry average. Growth is anticipated across electronic equipment, battery manufacturing, automotive, and lighting energy sectors. During an online investor conference, Group Vice President Cao Yongxiang stated that demand has entered a recovery cycle likely to last 2 to 3 years, supported by positive customer outlooks and Chinese government stimulus policies. Cao highlighted that electronics, battery, and automotive applications are expected to see double-digit growth. The company also reported record-breaking Q1 results, with consolidated revenue reaching NT$10.013 billion—the first time quarterly revenue has surpassed the NT$10 billion mark. The gross margin reached an 18-quarter high of 47.97%, with a net profit of NT$2.671 billion and an EPS of NT$13.35.

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  • Source: CNA (Central News Agency)
  • Category: Taiwan