Full resumption of production at Kunshan plant boosts Shuztung's revenue.
09 Jul, 2022Key process equipment manufacturer – Shuztung reported a revenue of NT$445 million in June, a monthly increase of 163.74% and a year-on-year increase of 108.25%. Shuztung attributed the significant growth in revenue to the resumption of normal production at its Kunshan plant and the successful shipment of panel-related equipment. Despite the impact of China's export control policy, some products scheduled for shipment in April and May were postponed until June, and customer demand for Shuztung's panel equipment remained strong, resulting in better-than-expected business performance.
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