2021/1/11 Taipei Times 報導

EQUITIES

Foreigners buy NT$29.96bn

Foreign investors last week bought a net NT$29.96 billion (US$1.08 billion) of local shares after buying a net NT$48.5 billion a week earlier, the Taiwan Stock Exchange said yesterday. The top three shares foreign investors bought last week were Taiwan Semiconductor Manufacturing Co (台積電), E.Sun Financial Holding Co (玉山金控) and Shin Kong Financial Holding Co (新光金控), while the top three sold were United Microelectronics Corp (聯電), Innolux Corp (群創) and Winbond Electronics Corp (華邦電子), the exchange said. As of Friday, the market cap of shares held by foreign investors was NT$24.61 trillion, or 43.79 percent of total market capitalization, it said.

MANUFACTURING

Value Valves sales hit high

Value Valves Co (捷流閥業) yesterday reported record revenue of NT$2.4 billion for last year, up 0.59 percent from the previous year, after posting better-than-expected sales for last month — up 8.11 percent year-on-year to NT$207.29 million. The company, which manufactures a range of valves with facilities in Taiwan and China, attributed the strong results to rising demand for valves in the petrochemical, shipping and electronics industries. The company said rising orders for cryogenic valves, which are used in liquefied natural gas carriers, also contributed to revenue growth.

MANUFACTURING

Iron Force sales fall 1.87%

Iron Force Industrial Co (劍麟), which makes clothes hangers, seat belts, airbag inflators and safety parts, yesterday reported revenue of NT$293.56 million for last month, down 1.87 percent from a month earlier and 20.05 percent from a year earlier. The company said that clothes hanger sales fell due to fewer working days last month, but auto parts sales increased due to seasonal factors. Total revenue for last year was NT$3.64 billion, up 5.64 percent from 2020, with auto parts accounting for 80 percent of sales and clothes hangers making up the remainder, it said.

MACHINERY

Bright Sheland sales rise

Bright Sheland International Co (旭然國際), which makes filtration products and separation systems under the Filtrafine brand, yesterday reported revenue of NT$58.37 million for last month, up 37.34 percent from a year earlier and posting a monthly record for a second consecutive month. The company said demand for filtering facilities continued to rise as clients in the semiconductor and electronics sectors increased capital expenditure and built new plants. The relocation of plants by clients seeking to diversify risks also helped boost sales, it said. Revenue in the fourth quarter rose 42.91 percent to NT$163.57 million from a year earlier, while revenue for the full year was NT$590.4 million, up 15.96 percent from 2020.

BANKING

TCB Prague office approved

The Financial Supervisory Commission (FSC) has approved Taiwan Cooperative Bank’s (TCB, 合作金庫銀行) application to set up a representative office in Prague, making it the second Taiwanese bank to have a presence in the Czech capital. The representative office would help the bank seek business opportunities and enhance its service in the European market, the commission said in a statement on Friday. The commission approved a similar request by the Export-Import Bank of the Republic of China (中國輸出入銀行) on Nov. 11. Taiwan Cooperative Bank has representative offices in Beijing and Yangon, Myanmar, as well as 13 overseas branches.