Walsin hikes June revenue on price and sales rise in April-May

Walsin Lihwa, the key stainless steel maker in Asia, recently reported a sharp rise in consolidated revenue in June. The hike was mainly due to delayed deliveries and payments in previous months.

On Saturday, July 6, Walsin Lihwa Corporation released its net operating revenue for June, showing an 11.4% jump to TWD 17.46 billion (USD 496 million) over the month. In an annual comparison, the result increased by 12.56%. This number is traditionally attributed to all three of the company's major businesses: stainless steel, cables, and nickel. Continue Reading? Please click box below!