Webmaster ㅣ 2018-03-07 ㅣ 596
I am Kevin Jee, IR officer of Finetex EnE(065160).
Regarding current share price reaction, I would like to assure you that there is not any events
or new developments to affect the share negatively.
For the moment, we are at the final stage of compiling 2017 figures with our accounting firm and
we will disclose the resulsts as soon as the numbers are finalized.
Also shareholders' meeting is scheduled to be held in two weeks after the 2017 results release.
We will keep you informed on this.
We believe 2017 saw a dramatic growth of revenue in nano fibre business and we are highly
confident this will be the case in 2018 as well.
Our filter media business continues to show sustainable growth and our textile membrane lines are
showing 100% utilization rate even after the doubling capacity late last year. Our B2C products are
set to increase the revenue substantially with the expansion of distribution network such as
We think overall performance of nano fibre will be quite satisfactory from 1Q onwards.
Also the ever-money-losing Energy division is sure to turnaround with meaningful revenue growth
starting from 1Q 2018 on the back of strong order back-log.
We believe 2018 will mark a very significant year for us and for our shareholders.
Kevin Jee, IR officer.