Financial Wire

Nan Ya Plastics Revenue Hits 43-Month High in March; Shares Rise 5%

-- Nan Ya Plastics' (TPE:1303) consolidated revenue rose 18.1% year on year in March to NT$27.2 billion, according to a Friday Taiwan Exchange filing.

Shares rose about 5% in Monday's late morning trade.

Month on month, revenue jumped 46.4%, reaching a 43-month high, driven mainly by strong growth in electronic materials on robust demand from AI, high-performance computing and related applications.

Chemical, polyester and plastic processing products also posted gains, supported by a post-Lunar New Year recovery in downstream demand, higher raw material costs and improved shipment volumes, the company said.

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