Simplo, Catcher Technology see March revenues increase
Aaron Lee, Taipei; Adam Hwang, DIGITIMES [Monday 7 April 2014]

Taiwan-based notebook battery pack maker Simplo Technology has reported March consolidated revenues of NT$4.512 billion (US$149 million) up 45.18% on month and 26.10% on year, while metal-alloy chassis maker Catcher Technology had those of NT$4.076 billion, growing on month by 47.54% and on year by 5.08%, according to the companies.

Simplo saw January-March consolidated revenues of NT$12.130 billion, down 29.54% on quarter but up on year by 5.47%, while Catcher Technology had those of NT$10.416 billion, dropping 20.58% on quarter but growing 12.82% on year.

According to a Chinese-language Economic Daily News (EDN) report, Simplo expects shipments of battery packs used in electric bicycles to Japan- and Europe-based clients to mainly drive growth in 2014 revenues. In addition, Simplo will ship battery packs for use in 250 electric buses to a China-based vendor in the second half of 2014, the paper indicated.

Simplo, Catcher: Consolidated revenues, Oct 2013 – Feb 2014 (NT$m)

Month

Catcher

SMP

Sales

Y/Y

Sales

Y/Y

Feb-14

2,763

34.6%

3,108

(16.2%)

Jan-14

3,577

8.5%

4,511

7%

Dec-13

3,906

4%

5,732

7.1%

Nov-13

4,652

49.9%

6,011

3.7%

Oct-13

4,554

49.1%

5,473

(3.6%)

 

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