OES: Shuztung's revenue grows 14.7% YoY in the first half of the year, driven by the growth in the bicycle and panel equipment industries, reaching NT$1.173 billion.

OES: Shuztung's revenue grows 14.7% YoY in the first half of the year, driven by the growth in the bicycle and panel equipment industries, reaching NT$1.173 billion.

13 Jul, 2021

Benefitting from the growth in the bicycle and panel equipment industries, Shuztung reported a revenue of NT$213 million in June, a monthly increase of 21.7% and a year-on-year increase of 23.68%. In the first half of the year, revenue reached NT$1.173 billion, with a YoY growth rate of 14.7%. With mainland Chinese panel factories having expansion plans, Xutong's performance in TFT-LCD fully automated equipment orders is expected to be boosted.