Announced Monthly Revenue for October 2024
Nova Revenue Hits NT$885 Million for October, Year-on-Year Growth of 11.34%, has set historical records for the same period for three consecutive months.
Date: November 8, 2024
Nova Technology Corp. (“NOVA,” Taipei Stock Exchange: 6613 TT) reported a consolidated monthly revenue of NT$885 million, 11.34% (YoY), for October 2024, continuing to set a record for the same period in history. Cumulatively, from January to October 2024, Nova’s consolidated revenue amounted to NT$8.25 billion, also reflecting a year-on-year increase of 13.76%, simultaneously set a record for the same period in history. Benefiting from strong order backlog and actively pursuing large order opportunities, Nova continues to enhance production efficiency, allocate professional manpower, and stabilize raw material procurement. As semiconductor industry clients advance their new plant expansions and capacity enhancement plans, demand for high-purity chemical dispense system and packaging system as well as hook-up system has contributed to a year-on-year revenue increase of 11.34% in October, with monthly revenues achieving historical highs for three consecutive months. Looking ahead to the fourth quarter of 2024, Nova remains committed to expanding its presence in China, Taiwan, and Southeast Asia while closely monitoring clients’ new factory expansion plans to enhance overall business order volume. Moreover, there is a long-term positive outlook for foundry and packaging & testing clients, as they establish multi-regional facilities and gradually increase their Capex plans, which will create a conducive environment for the company’s business development. To further strengthen its medium-to-long-term operational growth momentum, Nova is assessing plans to establish a subsidiary in Malaysia to serve local semiconductor-related clients better and to expand business opportunities, which is expected to foster future operational growth.
Nova Consolidated Sales Report :
NTD’000 ;%
Year
|
2024 |
2023 |
YOY% |
October | 884,899 | 794,802 | 11.34% |
Jan. to Oct. | 8,247,330 | 7,249,586 | 13.76% |