Rechi Precision Co., Ltd. Reports Consolidated Revenue Results for the Month and Year to Date Ended May 2023
June 07, 2023 at 04:15 am EDT
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Rechi Precision Co., Ltd. reported consolidated revenue results for the month of May 2023. For the Month, the company reported sales volume and revenue for May 2023 (internal transaction deducted); On a consolidated basis, it was approximately 1.30 million sets, a decrease of 8.84% compared to the same period in 2022. On a consolidated basis, it was approximately TWD 1.43 billion for May 2023, a decrease of 20.24% compared to the same period in 2022.
For year to date, the company reported totaled sales volume from January to May in 2023 was approximately 5.87million sets, a decrease of 22.86% compared to the same period in 2022. The totaled sales revenue from January to May in 2023 was approximately TWD 6.65 billion, a decrease of 27.64% compared to the same period in 2022.
RECHI PRECISION CO., LTD. is a Taiwan-based company principally engaged in the research and development, manufacture and distribution of compressors. The Companyâs primary products include rotary compressors and relevant pump sets, direct current variable-frequency controllers, motors and hot water equipment for commercial and residential purposes. The Companyâs products are mainly used in the manufacture of air conditioners, water heaters, dehumidifiers and cloth dryers, among others. The Company mainly operates through three business segments: compressors business segment, motors business segment and pumps business segment. The Company mainly distributes its products in domestic market and overseas markets, including the Mainland China, Thailand, Poland and others.
RECHI PRECISION CO., LTD. 
