Focus Stocks》Juyang: The injection of buying funds led to a surge in volume

Juyang said that despite the impact of external factors such as the war in the Middle East, rising oil prices and raw material costs this year, the number of customer orders has not decreased, and its operations in the fourth quarter are still positive. (File photo)

[Reporter Fang Weijie/Report from Taipei] The recent collapse of technology stocks has driven some traditional manufacturing stocks to become a safe haven for funds. Garment foundry Juyang (1477) has benefited from the positive development of order visibility. Today, it is fearless of the market plunge due to the entry of buying orders. As of 12:16 noon, it was temporarily trading at 212 yuan, an increase of 4.18%, with a trading volume of 2,821 contracts.

Juyang’s revenue in October was 2.448 billion yuan, a monthly decrease of 16.5% and an annual increase of 15.1%. The cumulative revenue in the first ten months of this year was 28.95 billion yuan, an annual increase of 1.3%. Management pointed out that the fourth quarter operation still maintains a positive view. Although this year has been affected by external factors such as the war in the Middle East, rising oil prices and raw material costs, the number of customer orders has not decreased.

Regarding the garment supply business, Juyang continues to strengthen its order structure and production efficiency, giving priority to orders from brands and department stores with higher unit prices. The growth of orders from related customers is better than the company average. Management is optimistic that short-delivery orders have become a competitive advantage. Quick response and flexible adjustment of production arrangements will help improve order-taking efficiency and gross profit performance.