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AURORA Announces JuneConsolidated Sales of NT$1.09Billion

Parent Company Sales(mn NT) 2012 2011 MoM% YoY%
June 226 241 (7%) (6%)
January ~ June 1,387 1,405 - (1%)
         
Consolidated Sals (mn NT) 2012 2011 MoM% YoY%
June 1,086 1,081 1% 0.4%
January ~ June 6,643 6,239 - 6%
         
China Sales (mn RMB) 2012 2011 MoM YoY
June 119 119 4% (1%)
January ~ June 692 664 - 4%
         
Sales by Region (%) Taiwan China    
June 50% 50%    
January ~ June 52% 48%    

Note: All figures provided herein were unaudited and prepared in accordance with ROC GAAP.

 

TAIPEI, Taiwan, July 10, 2012 –AURORA Corp. (Ticker: 2373 TT / 2373 TW) today announced consolidated net sales forJune 2012 of NT$1.09 billion, up1% from May and flat from the same month last year. For the first six months of the year, Aurora reported consolidated net sales of NT$6.64 billion, a 6% increase from the year-ago period. 

 

Parent-only net sales in June decreased 7%fromMayand 6% from the same month a year ago to NT$226 million. For the first six months of the year, parent-only sales of NT$1.39billionwas flat compared with the same period a year ago. 

 

In China, due to increased orders for OA and office furniture from May, net revenue went up by 4% to 119 million RMB from May,butdeclined1% from the same month last year. Net sales from China in June accounted for 50% of consolidated net sales. For the first six months of the year, China net revenue totaled 692 million RMB, up 4% from a year ago. By business segment, the OA (office automation), office furniture and equipment revenue registered year-over-year changes of 1%, 17% and -13% for the six-month period, respectively. 

 

For the first half of the year, the company’s competitive positioning in document technology remained strong, while its office furniture business in China grew rapidly. The momentum behind the China furniture business has been supported by the re-alignment of manufacturing and distribution resources through the establishment of six centers for design, engineering, quality control, product exhibition, logistics and educational training. These initiatives have enabled the company to reap greater efficiency and productivity gains.

 

Meanwhile, the company continues to be recognized for its design excellence in office furniture, furnishing and accessories by internationally renowned competitions like the IF Award. In April, Aurora’s “Please” lounge seating series was selected to showcase in “Slow Seating—Contemporary Chinese Design Exhibition” in Milan for its artistic integration of form, interaction, and function. In July, 2 Point, a multifunctional magnet created by Aurora Design Center, was awarded the Silver Prize by The International Design Excellence Awards(IDEA). Thanks to its products’premium quality and inspirational design, Aurora is able to maintain its leadership position in China’s mid-range to high-end office furniture market.

 

For more information on the award-winning 2 Point multifunctional magnet, please visit http://idsa.org/2-point-0

 

 

 

 

 

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