Hiwin Technologies Corp., a major Taiwan-based manufacturer of linear guide ways and ball screws, reported revenue of NT$15.08 billion (US$471.25 million) throughout 2014, rising 21.3% from 2013's NT$12.44 billion (US$388.81 million) to trail modestly NT$15.81 billion (US$494.34 million) it posted in 2011.
Industry executives project its revenue for 2015 to rise 15-20% from last year in light of sustained increase in its shipments of industrial and medical robots.
Also they estimate its 2014 after-tax net income at over NT$9 per share based on NT$6.21 per share posted throughout the first three quarters, the better-than-expected operation in Q4, not to mention the recent devaluation of NT-dollar, which makes the island's exports less expensive.
In December, the company had consolidated revenue of NT$1.30 billion (US$40.78 million), contracting 13% from a month earlier but rising 5.3% year on year to hit an all-time high.
