PChome Reports 2.390 billion and 17.6% Growth in Revenues,
the sales increased 23.4% as New warehouse is on the roll
PChome (TWSE: 8044) today announced operating income for May 2017, with NT2.390 billion in consolidated sales, growing by17.6%, compared with the same period last year (NT$2.033 billion). It’s the highest ever in May. Due to expanding the warehouse space, increase in stock of inventories and number of package amount increased. The sales grow by 23.4% compared to the same period last year.
PChome offers a wide range of services, including PChome Shopping, PChome24h Shopping and portals. Ecommerce sales grew in May, thanks to new products, Mother’s Day celebration, higher temperatures, Mother’s Day, as well as increasing demands in travel and outdoor activities. B2C website under PChome sells over 5 million items, including more than 2 million in stock that offer 24-hour delivery around Taiwan and 6-hour delivery in Taipei. It’s the largest B2C website in Taiwan with available stocks. Product diversity as well as prompt and consistent delivery services are always preferred by online consumers.
PChome 24h Shopping under PChome provides comprehensive consumer electronics listings and offers. New items in May include smartphones, gaming and Android set-top boxes. Esport laptop offers significantly increase sales. iPhone, exclusive Xiaomi Redmi Note 4X specification, and new Sony Xperia XZ Premium all support smartphone sales on PChome 24h Shopping in May, 2 times higher than the same period last year. With comprehensive product line for entry-level and experienced users, drone sales on PChome 24h Shopping in May are 50% higher than the same period last year. PS4 Pro & Switch popularity, combined with more localized and VR titles, increases gaming sales on PChome 24h Shopping in May by 30%, compared to the same period last year, in which video game sales grow by 2 times. Other gadgets, such as esport laptops, sports cameras, 4K television, and Android set-top boxes, have increased sales by 30% in May, compared to the same period last year.
Mother’s Day is another motivation for shopping, senior products and robotic vacuum cleaners sales on PChome 24h Shopping double in May, organic groceries by 60%, and cosmetic health supplements by 50%, all compared to the same period last year. Other popular gift ideas include electronic toothbrushes, and massage cushions. Long weekend over Dragon Boat Festival boosts sales for travel and outdoor products. Travel items, such as luggage, on PChome 24h Shopping grow by 50% in sales in May, compared to the same period last year. Camping and picnic gear sees 40% growth in May, and swimwear sales skyrocket by 70%, compared to the same period last year. Other sport goods, including running accessories and health supplements, are sold 40% more in May, compared to the same period last year.
Hot weathers and more mosquitos in May push up demands. Refrigerators sales on PChome 24h Shopping, for example, increase by 50% in May, compared to the same period last year. Anti-mosquito products are shipping 40% more in May, compared to the same period last year. Other products, such as air conditioners, wet swipes, anti-germ cleaning products, sunscreen cosmetics, and sunscreen gear for motorcyclists, are growing sales by 20~30% in May, compared to the same period last year. Revenues in May, in total, grow by 17.6%, compared to the same period last year, the highest ever this month.
In June, PChome will celebrate ecommerce anniversary with offers up to 82% off and other time-limited campaigns, such as “15% off coupons” and “Despicable Me 3 goods”, and provide the fastest and cost-effective ecommerce services.
For more financial details, please visit Market Observation Post System.
