Compal Electronics, Inc. (“Compal”) (TAIEX: 2324) today announced 2024 consolidated financial results. 2024 consolidated revenue were NT$910,253million, -4% YoY. However, with the effective implementation of profit enhancement strategy, the GM, OPM, and NM all improved from the prior year. Consolidated operating profit +23% YoY to NT$14,842 million. Consolidated net profit attributed to the parent company +31% YoY to NT$10,042million and EPS increased to NT$2.3. Compal BODs also approved NT$1.4 cash dividends per share for year 2024, representing 61% payout ratio.

4Q24 consolidated revenue were NT$229,155 million, -6% QoQ, mainly due to seasonal factors and strategic business adjustments. The GM further improved to 5.04% in 4Q, given the continued product mix optimization. However, the OPM at 1.43%, slightly lower QoQ due to increased seasonal operating expenses. Consolidated Operating profit -30% QoQ to NT$3,266 million in 4Q. Net profit contributed to the parent company -42% QoQ to NT$1,936 million in 4Q. 4Q24 EPS was NT$0.44.

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

Media Contact

Jack Wang    Vice President, Spokesperson      +886-2-8797-8588   Investor@compal.com

Tina Chang   Director, Deputy Spokesperson  +886-2-8797-8588   tinayt_chang@compal.com