AirTAC and Cathay Consolidated report record August revenue growth

  • AirTAC reported record August revenue of NT$3.707 billion, up 43.3% year-on-year and down 7.2% month-on-month.
  • Cathay Consolidated reported August revenue of NT$307 million, up 62.83% year-on-year and extending its above-NT$300-million streak to six months.
  • First-eight-month revenue reached records for both companies: NT$29.879 billion for AirTAC and NT$2.557 billion for Cathay Consolidated.

In separate announcements, AirTAC International Group (1590.TW) and Cathay Consolidated (1342.TW) reported strong August revenue growth. AirTAC’s consolidated revenue reached a monthly record of NT$3.707 billion, approximately $117.0 million, up 43.3% year-on-year but down 7.2% from July; first-eight-month revenue rose 34.1% to a record NT$29.879 billion, approximately $942.8 million. Cathay Consolidated’s August revenue rose 62.83% year-on-year to NT$307 million, approximately $9.7 million, despite falling 9% month-on-month, while first-eight-month revenue reached a record NT$2.557 billion, approximately $80.8 million, up 37.04%. AirTAC said orders exceeded shipments amid an automation-equipment upcycle and expects pneumatic demand to remain strong through 2027. Cathay said outdoor and military shipments doubled year-on-year in August, fourth-quarter orders were firmly in hand, and demand was strengthening.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.