Baxuan's April Revenue Up Over 40% Year-on-Year, All 4 Product Lines Grow Simultaneously
TPU manufacturer Baxuan announced that its April revenue reached NT$349 million, marking a significant year-on-year increase of 44.52% and a new record for the same period. Amid escalating geopolitical tensions in the Middle East, orders from European and American customers have surged. Baxuan anticipates that its Q2 revenue will surpass Q1 and plans a NT$200 million cash capital increase to expand operations.
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- 📰 Published: May 6, 2026 at 10:36
- 🔍 Collected: May 6, 2026 at 11:31 (55 min after Published)
- 🤖 AI Analyzed: May 6, 2026 at 13:23 (1h 51m after Collected)
Central News Agency
(Central News Agency Reporter Tseng Jen-kai, Taipei, May 6) TPU (thermoplastic polyurethane) manufacturer Baxuan today announced its April revenue of NT$349 million, a 5.8% month-on-month decrease, but a significant 44.52% increase compared to the same period last year, setting a new record for the same period historically. Baxuan's cumulative revenue for the first four months of this year reached NT$1.266 billion, a 24.1% year-on-year increase.
Baxuan stated that with the significant escalation of geopolitical tensions in the Middle East, compared to early this year, European and American customers across Baxuan's four major product lines, considering cost and risk control, have become more proactive in increasing their order demands and even their willingness to procure long-term orders. They foresee Q2 revenue surpassing Q1.
To meet customer demands, Baxuan's board of directors resolved at the end of April to authorize the chairman to issue new shares through a cash capital increase within a limit of NT$200 million. This aims to bolster operating capital for expanding production, increasing inventory, and meeting additional manpower needs, thereby enlarging the scale of operations.
Baxuan explained that the decrease in April revenue compared to March was mainly due to the Tomb Sweeping Day long holiday in April, which resulted in fewer working days. However, on a year-on-year basis, the growth rate exceeded 40%, with all four major product lines advancing simultaneously.
Baxuan's outdoor products continued to ship in larger quantities, with outdoor product line revenue increasing by 38.4% year-on-year in April; medical products by 61.5%; marine and aerospace products by 12.4%; and military industrial products by a substantial 182% compared to the same period last year. (Editor: Yang Lan-hsuan) 1150506
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(Central News Agency Reporter Tseng Jen-kai, Taipei, May 6) TPU (thermoplastic polyurethane) manufacturer Baxuan today announced its April revenue of NT$349 million, a 5.8% month-on-month decrease, but a significant 44.52% increase compared to the same period last year, setting a new record for the same period historically. Baxuan's cumulative revenue for the first four months of this year reached NT$1.266 billion, a 24.1% year-on-year increase.
Baxuan stated that with the significant escalation of geopolitical tensions in the Middle East, compared to early this year, European and American customers across Baxuan's four major product lines, considering cost and risk control, have become more proactive in increasing their order demands and even their willingness to procure long-term orders. They foresee Q2 revenue surpassing Q1.
To meet customer demands, Baxuan's board of directors resolved at the end of April to authorize the chairman to issue new shares through a cash capital increase within a limit of NT$200 million. This aims to bolster operating capital for expanding production, increasing inventory, and meeting additional manpower needs, thereby enlarging the scale of operations.
Baxuan explained that the decrease in April revenue compared to March was mainly due to the Tomb Sweeping Day long holiday in April, which resulted in fewer working days. However, on a year-on-year basis, the growth rate exceeded 40%, with all four major product lines advancing simultaneously.
Baxuan's outdoor products continued to ship in larger quantities, with outdoor product line revenue increasing by 38.4% year-on-year in April; medical products by 61.5%; marine and aerospace products by 12.4%; and military industrial products by a substantial 182% compared to the same period last year. (Editor: Yang Lan-hsuan) 1150506
Choose to stand with facts, every sponsorship you make is the power to protect press freedom.
Download the Central News Agency "First-hand News" APP to grasp the latest news in real time.
No unauthorized reproduction, public broadcast, public transmission, or utilization of the text, images, and videos on this website.