Date : 2006/11/16
Source : Central News Agency

Hon Yi increased profitability due to a return to its core business of mold design and plastic injection molding. 宏易 Honyi Precision Industry (4530) announced this year’s year to date pre-tax earnings at NTD 4,501萬元, up sharply from the same period last year with a pre-tax earnings per share of 0.82元.

宏易 Hon Yi’s main business includes component manufacture and plastic injection moldings. Hon Yi has stepped back from product diversification to concentrate on its core business lines. Hon Yi has ended their ODM relationship with Hewlett-Packard to produce scanner products.

Also, in a move to be closer to its customers 將承接 Wistron (3231) and Quanda, Hon Yi has been moving more of its operations to it’s China factory in SuZhou province. Hong Yi still maintains a very competitive molding design studio in its Lin Kou factory in Taiwan.

The author does not have a position in this equity
References TPE:3231, TPE:4530