Tex Year (4720) reported consolidated revenue of NT$26.99 billion as of Q3 2024, reflecting an 11% YoY growth. EPS reached NT$1.23, setting a record high for the period. This strong performance was driven by stabilized raw material costs and steady shipment growth across regions, restoring the Group’s gross profit margin to normal levels. Looking ahead to Q4, Tex Year anticipates continued growth despite global economic uncertainties, including the U.S. presidential election, exchange rate fluctuations, and geopolitical tensions. Overall demand remains stronger than last year, and the Group expects full-year revenue and profit to surpass previous records.

As of October 2024, green materials accounted for 88% of revenue from Tex Year’s core adhesive products, with innovative green materials contributing 22%, a 1.15% increase YoY. This reflects Tex Year’s commitment to sustainability and carbon neutrality. Tex Year is actively expanding into emerging markets. In South Asia, operations have commenced at the second Indian plant, boosting regional production capacity. In the ASEAN region, Tex Year leverages its Vietnam plant’s strategic location to enhance regional influence and plans to expand production capacity. Meanwhile, in the European and American markets, Tex Year’s Poland facility serves as a center for its short supply chain strategy, strengthening competitiveness in the consumer and industrial hot-melt adhesive markets.  the Company is also pushing forward with innovations such as its BIONIS™ product line and DE-BONDING ON DEMAND® solutions, targeting automotive electronics, display panels, and new energy vehicles with high-performance, eco-friendly specialty products.

Additionally, Tex Year was recognized in CommonWealth Magazine’s "Top 100 Traditional Industry Business Performance" list, ranking 85th for its steady revenue and profit growth over the past five years. This honor highlights the Company’s exceptional performance in "Revenue Growth," "Profit Growth," and "Shareholder Return Growth," reinforcing its commitment to sustainable growth and operational excellence. Tex Year continues to lead the adhesive industry in innovation, sustainability, and green development, setting a strong foundation for future growth and global collaboration.


The image content is sourced from CommonWealth Magazine, Issue 812.

For more information, please visit the official website and LinkedIn page of Tex Year:
Website: https://www.texyear.com/green.php?act=product
LinkedIn: https://www.linkedin.com/company/5802267/admin/
 
For further inquiries, please contact:
Spokesperson: Roger Kao, Chief Financial Officer
Or media contact: Linda Yao, Acting Spokesperson