Tycoons Group Enterprise announced its consolidated revenue in April reached NT$1.13 billion, a significant increase of 58.7% year-on-year, marking the fourth consecutive month above the NT$1 billion mark and the tenth consecutive month of year-on-year growth.

The company's consolidated revenue in March reached NT$1.24 billion, setting a new monthly high in over five years. Cumulative consolidated revenue for the first four months reached NT$4.6 billion, a surge of 58.3% year-on-year.

Tycoons Group stated that the increase in consolidated revenue was driven by the recovery of the Thai steel domestic market, increased demand for certified rebar due to the earthquake, and exchange rate fluctuations.