Optical film maker Wah Hong Industrial on November 6 reported consolidated revenues of NT$1.58 billion (US$38.3 million) for October, a 7.2% on-month decrease.
However, the revenues represent a 32.07% increase compared with the same month in 2011. January through October 2012 accumulated revenues represented a 9.83% on-year increase over the same period in 2011.
Wah Hong said that a major factor in its increased revenues during October 2012 was LCD materials for TVs, as TV sales remained strong in China during the month.
Wah Hong also said that it expects its orders for LCD materials and ITO film to remain steady throughout the rest of 2012.
Article translated by Alex Wolfgram
