Compal Electronics, Inc. (“Compal”) (TAIEX: 2324) today announced 2020 consolidated financial results. 2020 consolidated revenue was NT$1,048,929 million, +7% YoY. Consolidated OP profit was improved to NT$11,493 million, +9% YoY. Consolidated net profit attributed to the parent company was NT$9,362 million, +35% YoY, and EPS was NT$2.15. Compal Board of Directors today also approved NT$1.6 cash dividends per share for year 2020, representing 74% payout ratio.
4Q20 consolidated revenue was NT$333,987 million, +24% QoQ and +25% YoY, the strong revenue momentum was contributed by the PCs growth as well as the Smart Devices expansion. Given the enlarged scale and the enhanced automation efficiency, consolidated OP profit increased by 69% QoQ and 67% YoY to NT$5,154 million. Consolidated net profit contributed to the parent company was NT$4,582 million, +109% QoQ and +128% YoY. 4Q20 EPS was NT$1.05.
Compal Electronics, Inc.─ Statement of Comprehensive Income (Consolidated)
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