Hollysys Automation Technologies Ltd's Suppliers recorded an increase in sales by 8.7 % year on year in Q4 2023, sequentially sales grew by 6.93 %, while their net margin rose to 28.75 % year on year, Hollysys Automation Technologies Ltd's Suppliers improved sequentially profit margin to 6.93 %,
Hollysys Automation Technologies Ltd's Suppliers recorded an increase in sales by 8.7 % year on year in Q4 2023, sequentially sales grew by 6.93 %, while their net margin rose to 28.75 % year on year, Hollysys Automation Technologies Ltd's Suppliers improved sequentially profit margin to 28.75 %,
Hollysys Automation Technologies Ltd's Comment on Supply Chain
We design and manufacture the hardware of our products in Beijing and Hangzhou
facilities, and in rare cases we outsource the production depending on special
circumstances and delivery requirements. The core part of the hardware of our
products is the printed circuit board. We manufacture the printed circuit boards
in our SMT (Surface Mounting Technology) lines and plug-in mounting lines, and
assemble them into various types of modules and then form the modules into the
final products. The raw materials which we procure mainly include bare printed
circuit boards from vendors based on our requirements and design considerations,
and electronic components, chips, cabinets and cables among other factors. Our
products are subjected to rigorous testing in our facilities prior to shipment.
Several subsidiaries of the Company, including Beijing Hollysys, Hangzhou Hollysys,
Hollysys A&D, and Hollysys Electronics, have passed several or all of the
GB/T 19001/ISO 9001 international quality management system certification, GB/T
24001/ISO 14001 environmental management system certification, and GB/T 28001
occupational health and safety management system certification.
The GB/T 19001/ISO 9001 international quality management system certificate is
valid for production, and technical service of industrial automatic control system
equipment. The other two certificates are valid for production, technical service
and related management activities of industrial automatic control system equipment.
Hollysys Automation Technologies Ltd's Comment on Supply Chain
We design and manufacture the hardware of our products in Beijing and Hangzhou
facilities, and in rare cases we outsource the production depending on special
circumstances and delivery requirements. The core part of the hardware of our
products is the printed circuit board. We manufacture the printed circuit boards
in our SMT (Surface Mounting Technology) lines and plug-in mounting lines, and
assemble them into various types of modules and then form the modules into the
final products. The raw materials which we procure mainly include bare printed
circuit boards from vendors based on our requirements and design considerations,
and electronic components, chips, cabinets and cables among other factors. Our
products are subjected to rigorous testing in our facilities prior to shipment.
Several subsidiaries of the Company, including Beijing Hollysys, Hangzhou Hollysys,
Hollysys A&D, and Hollysys Electronics, have passed several or all of the
GB/T 19001/ISO 9001 international quality management system certification, GB/T
24001/ISO 14001 environmental management system certification, and GB/T 28001
occupational health and safety management system certification.
The GB/T 19001/ISO 9001 international quality management system certificate is
valid for production, and technical service of industrial automatic control system
equipment. The other two certificates are valid for production, technical service
and related management activities of industrial automatic control system equipment.
HOLI's Suppliers Net Income grew by
HOLI's Suppliers Net margin grew in Q4 to
28.75 %
HOLI's Suppliers Net Income grew by
HOLI's Suppliers Net margin grew in Q4 to 28.75 %
Hollysys Automation Technologies Ltd's Suppliers Sales Growth
in Q4 2023 by Industry
Sources:
Hollysys Automation Technologies Ltd 's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
Updated on:
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