Standard of Excellence: Finding and Developing Future Leaders in Manufacturing
Global Sourcing Spotlight: Navigating the Variables of Holiday Schedules in Global Sourcing
Nolan’s Notes: Soldering Technologies
Compal Posts 3% QoQ Revenue Increase in 3Q24
November 12, 2024 | Compal Electronics Inc.Estimated reading time: Less than a minute
Compal Electronics announced its financial results for 3Q24. The consolidated revenue for 3Q24 reached NT$244.317 billion, marking a 3% QoQ increase. This growth was driven by increased sales in computer products, wearables and automotive electronics, while other product lines remained stable. The optimization of product mix helped maintain the GM at 5.0%. Combined with improved operational efficiency and effective cost control, the OPM further increased to 1.9% in 3Q24. Consolidated operating profit +15% QoQ and +28% YoY to NT$4.677 billion. Net profit attributable to the parent company +16% QoQ and +39% YoY to NT$3.334 billion. EPS for the quarter rose to NT$0.77.
The consolidated revenue was NT$681.098 billion, a slight decrease of 3% for 1-3Q24. However, driven by the improved profitability, net profit attributable to the parent company surged 38% YoY to NT$8.106 billion, with EPS at NT$1.86 for 1-3Q24.
Share on:
Suggested Items
India’s PC Market Shipped an All-Time High of 4.49 Million Units in 3Q24
11/26/2024 | IDCIndia’s traditional PC market (inclusive of desktops, notebooks, and workstations) shipped an all-time high of 4.49 Million Units in 3Q24, up 0.1% year-over-year (YoY) according to new data from the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker.
Worldwide Tablet Shipments Increase by 20.4% in Q3 2024, Reaching 39.6 Million Units
11/04/2024 | IDCWorldwide tablet shipments grew 20.4% in the third quarter of 2024 (3Q24), totaling 39.6 million units, according to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker.
NVIDIA’s New B200A Targets OEM Customers; High-End GPU Shipments Expected to Grow 55% in 2025
08/07/2024 | TrendForceDespite recent rumors speculating on NVIDIA’s supposed cancellation of the B100 in favor of the B200A, TrendForce reports that NVIDIA is still on track to launch both the B100 and B200 in the 2H24 as it aims to target CSP customers. Additionally, a scaled-down B200A is planned for other enterprise clients, focusing on edge AI applications.