News / Taiwan / cnyes
Sheng Yueh (1340) August Revenue Jumps 114% Year-over-Year
Process Industries · Chemicals: Specialty · cnyes · 2026-09-09
1340
Sheng Yueh (1340) reported August revenue of NT$7.12 million, a 114.24% increase from last year, with cumulative year-to-date growth hitting 44.3%.
What Happened
Revenue Surge: Sheng Yueh reported August revenue of NT$7.12 million, marking a substantial 114.24% increase compared to the same month last year. Despite a slight month-over-month decline of 2.19%, the company's cumulative revenue for the first eight months of 2026 reached NT$43.12 million, up 44.3% year-over-year.
Market Performance: The company's stock has outperformed the broader plastics industry index, posting a 0.38% gain over the past five days. This is notable given that the plastics sector index experienced a decline of 1.37% during the same period.
Business Focus: Sheng Yueh specializes in the research, development, and application of polymer composite materials. Its primary business involves the production of specialized materials used in the manufacturing of various footwear soles.
Disclaimer: This financial information is provided for reference purposes only and does not constitute investment advice. Investors should carefully monitor the company's operational progress and broader industry trends before making investment decisions.