Airtac International GroupTWSE: 1590

Consolidated revenue for May 2022

· Issued by Airtac International Group
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Provided by: AIRTAC INTERNATIONAL GROUP
SEQ_NO 1 Date of announcement 2022/06/07 Time of announcement 14:34:08
Subject
 Consolidated revenue for May 2022
Date of events 2022/06/07 To which item it meets paragraph 51
Statement
1.Date of occurrence of the event:2022/06/07
2.Company name:AIRTAC INTERNATIONAL GROUP
3.Relationship to the Company (please enter "head office" or
  "subsidiaries"):head office
4.Reciprocal shareholding ratios:Not applicable
5.Cause of occurrence:Not applicable
6.Countermeasures:Not applicable
7.Any other matters that need to be specified:
Most cities in China have gradually relaxed the logistics control over the
epidemic compared with this April. The daily shipment amount in the first
half of May hit a record high. As we predicted, the adverse impact of the
epidemic control on shipments is a short-term phenomenon, and the demand is
only deferred to the coming weeks; and because the number of working days in
this month decreased by 16% compared with this March, the monthly revenue in
this month did not reach a new high but decreased by 5% compared with March.
Although the impact of the epidemic is still uncertain, the current orders
are still higher than the shipments. The company still has a positive market
demand expectation in the future, so it maintains a 110% utilization rate to
increase the inventory to meet the demand. The shipment from the battery
industry, auto industry, energy and lighting equipment and electronic
industry had a higher growth rate, the consolidated revenue in May 2022 was
RMB 601,257 thousand dollars, a 17% increased YoY, in terms of New Taiwan
Dollar was TWD 2,650,385 thousand dollars, a 19% increased YoY; consolidated
revenue from January to May 2022 was RMB 2,579,618 thousand dollars, a 6%
increased YoY, in terms of New Taiwan Dollar was TWD 11,424,118 thousand
dollars, an 8% increased YoY.