Compal Electronics, Inc. (“Compal”) (TAIEX: 2324) today announced 2Q22 consolidated financial results. 2Q22 consolidated revenue was decreased by 1% QoQ to NT$265,650 million, impacted by the China Covid lockdown impacts. Higher operating expenses caused by the lockdown also resulted in consolidated operating profit decreased by 30% QoQ to NT$1,977 million, with 0.7% OP margin in 2Q22. Contributed by the stable non-operating income and foreign exchange gains, consolidated net income was NT$2,289 million, and net income attributed to the parent company was NT$2,017 million, -6% QoQ. 2Q22 EPS was NT$0.46.

1H22 consolidated revenue was flattish YoY to NT$533,508 million. Consolidated operating profit was decreased by 18% YoY to NT$4,787 million. Net income attributed to the parent company was decreased by 18% YoY to NT$4,175 million. 1H22 EPS was NT$0.96.

Compal Electronics, Inc.─ Statement of Comprehensive Income (Consolidated)

Media Contact:

Gary Lu                                                   Jack Wang

Senior Vice President, Spokesman              Vice President, Deputy Spokesman

Tel: 886-2-8797-8588                               Tel: 886-2-8797-8588

Investor@compal.com                               Investor@compal.com