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Asustek Exceeds Expectations with Strong Second-Quarter Financial Results

Amidst robust industry growth, Asustek achieves significant increases in profit margins and net income for Q2
Taiwan
a 2357.TW Blue Chip 150 Tech 350
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Asustek, a leading PC brand, reported a notable performance for the second quarter of the year, driven by industry shipment growth and strategic operational improvements. The company posted a net profit after tax of NT$11.804 billion (US$384 million), marking a 116% increase from the previous quarter. Earnings per share reached NT$15.9 (US$0.52), reflecting substantial gains in profitability.

The company’s cumulative after-tax net income for the first half of the year soared to NT$17.251 billion (US$562 million), an 18-fold increase year-on-year, with a net profit margin of 7.03% and EPS of NT$23.23 (US$0.76). The revenue for the second quarter was NT$144.907 billion (US$4.7 billion), up 19.07% quarterly and 25.2% annually, with a gross profit margin rising to 19.34%.

Asustek’s improved performance is attributed to increased shipments, an optimized product mix, and patent licensing revenue, with a significant NT$1 billion (US$33 million) boost from a large licensing case in the second quarter. The company is optimistic about the upcoming quarter, expecting PC shipments to rise by 15-20% and component and server businesses to grow by 5-10%.

Looking ahead, Asustek has revised its annual profit margin target upwards, expecting to maintain at least a 5% operating profit margin in the second half of the year, demonstrating confidence in sustaining its growth trajectory.

 

 

 

 

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