2024/04/09
Announced Monthly Revenue for March 2024
Nova Hits NT$ 880 Million in March Revenue, Surging 37.4% MoM and Setting A Historic New high.
Date: April 9, 2024
HSINCHU, Taiwan, April 9, 2024 – Nova Technology Corp. (“NOVA,” Taipei Stock Exchange: 6613 TT) reported a consolidated monthly revenue of NT$880million (73% MoM) for March 2024, achieving the highest record for the same period in the previous year. Cumulatively, revenue for January to March 2024 reached NT$2,246.8million (43% YoY), establishing a new record for the same period in the previous year. Benefiting from robust semiconductor customer orders, Nova experienced revenue growth in March and Q1. Nova is optimistic that customer new plant expansions will boost the order performance in Q2. In Q1 2024, Nova's revenue reached NT$2.25billion, a historic high. The semiconductor sector accounted for88% of the total. Nova has been intensively expanding its business services in Taiwan, China, and Southeast Asia. With the trend of regionalizing the semiconductor supply chain, this has further created favorable conditions for the company's operational growth. Benefiting from order recognition from clients in China and Southeast Asia in Q1, sales in these regions increased by57% and13% respectively, contributing to the overall positive momentum in operations.
Looking ahead to 24Q2 , Nova expects steady order levels from clients in the semiconductor and high-tech application sectors. As customer demand stabilizes and increases, it will help maintain a high capacity utilization rate. Leveraging its track record of diverse customer collaborations, advanced customization capabilities, and outstanding production yield and efficiency, Nova is poised for the future. Nova will continue to expand its order momentum not only in semiconductor-related and optoelectronic fields but also in the Greater China and Southeast Asia regions. Nova aims to foster future growth in operational performance.
Nova Consolidated Sales Report：
Year
|
2024 |
2023 |
YoY |
March |
880,436 |
640,825 |
37.39% |
January to March |
2,246,803 |
1,566,721 |
43.41% |