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June 2024 Sales Report

TTGroup reported a consolidated net revenue of NT$391,760 thousand in January 2024, a decrease of 28% from the previous month, and the cumulative consolidated revenue was NT$2,679,250 thousand, a decrease of 28% from the same period of last year. The reason is still poor order intake, which started in the second half of last year. We expect the market to recover in the second half of this year gradually. The orders on hand amounted to NT$3 billion. Regarding product applications, the automotive industry accounted for 42% of revenue, the aerospace industry accounted for 15%, and the energy industry accounted for 4%. In terms of market share, Taiwan accounts for 45%, Europe and the U.S. account for 30%, and other regions in Asia account for 25%.

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