Battery pack makers on a rise: Simplo, Dynapack achieve historical high in August revenues


Taiwan-based battery maker Simplo Technology and Dynapack International Technology have both seen their revenues achieve historical high in August. 


Simplo has announced revenues of NT$4.79 billion (US$167.78 million) for August, up 7.33% on month and 42.84% on year, with combined revenues from the first eight months in 2011 reached NT$30.86 billion, up 25.37% on year.


Meanwhile, Dynapack announced revenues of NT$2.26 billion for August, up 13.84% on month and 40.67% on year with combined revenues from January to August reached NT$14.1 billion, up 23.09% on year. 


Although PC players are conservative about the IT market in the second half, benefiting by Apple's strong performance, the battery makers are expected to achieve historical record for the third-quarter revenues and will have chance to continue achieving new record in the fourth quarter, according to sources from market watchers.


For the second quarter, Simplo achieved earning per share (EPS) of NT$3.39 with expectations to achieve net profit of NT$988-1,010 million for the third quarter, an EPS of NT$3.53-3.6 million.
first appeared on DIGITIMES [Tuesday 6 September 2011]

Location: Taipei City, Taiwan

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