Compal Electronics, Inc. (“Compal”) (TAIEX: 2324) today announced 2Q20 consolidated financial results. Benefiting from the supply chain recovery and increasing demands from work-from-home and remote- education, 2Q20 consolidated revenue was NT$263,654M, +45% QoQ and +4% YoY. Consolidated operating profit was NT$2,382M, +163% QoQ, but -10% YoY due to mix and NTD appreciation. Consolidated net profit attributed to the parent company was NT$1,987M, +228% QoQ and +11% YoY. 2Q20 EPS was NT$0.46.
1H20 consolidated revenue was NT$445,701M, -4% YoY. Consolidated operating profit was NT$3,287M, -35% YoY. Net profit attributed to the parent company was NT$2,592M, -18% YoY. 1H20 EPS was NT$0.59.
Compal Electronics, Inc.─ Statement of Comprehensive Income (Consolidated)
|
NT$ Million |
2Q 2020 |
1Q 2020 |
QoQ |
2Q 2019 |
YoY |
|||
|
Amount |
% |
Amount |
% |
% |
Amount |
% |
% |
|
|
Net Sales |
263,654 |
100.0% |
182,047 |
100.0% |
45% |
252,395 |
100.0% |
4% |
|
Gross Margin |
8,269 |
3.1% |
5,946 |
3.3% |
39% |
8,667 |
3.4% |
-5% |
|
Operating Margin |
2,382 |
0.9% |
906 |
0.5% |
163% |
2,659 |
1.1% |
-10% |
|
Non-Op Items |
463 |
|
183 |
|
|
-36 |
|
|
|
Pre-tax Income |
2,845 |
1.1% |
1,089 |
0.6% |
161% |
2,623 |
1.0% |
8% |
|
Net Income |
2,186 |
0.8% |
771 |
0.4% |
|
2,032 |
0.8% |
|
|
Net Income to Parent |
1,987 |
0.8% |
605 |
0.3% |
228% |
1,791 |
0.7% |
11% |
|
EPS (NT$) |
0.46 |
|
0.13 |
|
|
0.41 |
|
|
|
NT$ Million |
1H 2020 |
1H 2019 |
YoY |
|
|
|
||
|
Amount |
% |
Amount |
% |
% |
|
|
|
|
|
Net Sales |
445,701 |
100.0% |
462,996 |
100.0% |
-4% |
|
|
|
|
Gross Margin |
14,215 |
3.2% |
16,329 |
3.5% |
-13% |
|
|
|
|
Operating Margin |
3,287 |
0.7% |
5,081 |
1.1% |
-35% |
|
|
|
|
Non-Op Items |
647 |
|
-349 |
|
|
|
|
|
|
Pre-tax Income |
3,934 |
0.9% |
4,732 |
1.0% |
-17% |
|
|
|
|
Net Income |
2,957 |
0.7% |
3,692 |
0.8% |
|
|
|
|
|
Net Income to Parent |
2,592 |
0.6% |
3,142 |
0.7% |
-18% |
|
|
|
|
EPS (NT$) |
0.59 |
|
0.72 |
|
|
|
|
|
Gary Lu Jack Wang
Senior Vice President, Spokesman Vice President, Deputy Spokesman
Tel: 886-2-8797-8588 Tel: 886-2-8797-8588