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Ennoconn Reports Record High Quarterly Earnings Amid Diversified Industrial Expansion

Ennoconn's cloud and edge AI business revenue surged by 168% annually, contributing to robust first-quarter growth
Taiwan
e 6414.TW Mid and Small Cap 2000
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Ennoconn, an industrial computer manufacturer listed as 6414, has announced its first-quarter earnings per share (EPS) reaching NT$4.67, setting a new high for the same period in the past years. This represents a significant quarter-over-quarter increase of 50.6% and a modest year-over-year growth of 0.6%. The company credits this performance largely to the robust expansion of its “ESaaS” platform, which integrates industrial application software and programming interfaces.

With a strategic focus on digital transformation, energy efficiency, information security, artificial intelligence (AI), and ESG initiatives, Huahan has successfully developed industry services that cater to the demands of smart cities and factories, among other sectors. As of the first quarter, the revenue from its cloud and edge AI business impressively reached NT$1.98 billion, marking a year-over-year increase of 168%.

The operational strategy’s effectiveness is attributed to Ennoconn’s longstanding engagement across various fields, tailoring solutions for significant clients, which has allowed the company to amass considerable technical expertise and data. This has positioned Huahan to leverage opportunities for further expansion into diverse industrial markets. The market eagerly anticipates further details from the upcoming entity legal person briefing by Bangbang Securities, where additional positive developments are expected to be unveiled.

 

 

 

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