Xinyi Chemical Industry Co., Ltd. (4303) has witnessed a remarkable increase in revenue due to the merger with its subsidiary Puda and the impact of U.S. tariff policies.

According to recent announcements, Xinyi Chemical's consolidated revenue for March 2023 reached NT$76 million, a 261.9% increase from the same period last year. Pre-tax net profit was NT$1.238 billion, with earnings per share (EPS) of 15.7 NT dollars, marking a significant growth of over 320% compared to last year's figures and achieving a historic high. The monthly EPS has even surpassed last year's annual EPS of 10.62 NT dollars.

Currently, Xinyi's Tainan Xuejia plant spans 26,400 ping, combined with Puda's facilities in Changhua and Yunlin, totaling 36,400 ping, making it Taiwan's largest production base for PVC, PU synthetic leather, and genuine leather lamination.

To further enhance its operations and future development, Xinyi is actively aiming for orders in various industries, including sports, apparel, and footwear, while exploring collaborations with foreign technologies and equipment to upgrade its industry. This includes launching initiatives to activate land assets, which will inject new operational growth momentum as these initiatives progress.