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Lotus revenue soars 31.5 percent
MAKING HEADWAY: Third quarter revenue expanded more than 46 percent, which the firm attributed to progress made in overseas markets, particularly in Asia
By Kao Shih-ching / Staff reporter
Revenue at Lotus Pharmaceutical Co Ltd (美時化學製藥) last month rose 31.5 percent annually to NT$957 million (US$33.63 million), it said in a Taiwan Stock Exchange filing yesterday.
The gain boosts its cumulative revenue to NT$9.57 billion for the first 11 months of the year, up 27 percent year-on-year, it said.
Its cumulative revenue for the January-to-November period surpassed the NT$9.2 billion it made for the whole of last year, to achieve its full-year growth target ahead of schedule, Lotus said in a statement.