RECHI's statements of its current expectations are forward looking statements subject to significant risks and uncertainties and actual results may differ materially from those contained in the forward-looking statements.
Except as required by law, we undertake no obligation to update any forward-looking statement, whether as a result of new information, future events, or otherwise.
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2023 H1 financial and ESG practices
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2023 H1Summary of Operational Highlights-1
◆Sales: Breakthrough in DC inverter compressor orders and optimize product mix.
Sales totaled 7.539 million sets, a year-on-year decrease of 17%, with the European clothes dryer market declining by 60.6% and the North American Unitary market declining by 55.7%.
•DC inverter compressor sales reached 2.14 million sets, a year-on-year increase of 520,000 sets, of which DC compressor accounted for 28.4% and 17.8% during the same period.
Unit: sets
Unit: sets
Sales volume by month chart
10,000,000
1,800,000
9.084 million sets
8,000,000
7.539 million sets
1,600,000
6,000,000
1,400,000
71.6%
82.2%
2023
Inverter
4,000,000
Constant
1,200,000
2022
2,000,000
1,000,000
28.4%
17.8%
-
800,000
2023 H1
2022H1
1月
2月
3月
4月
5月
6月
7月
8月
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Rechi Precision Co. Ltd. published this content on 27 September 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 September 2023 09:22:06 UTC.
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.