Aug. 9, 2018
Compal 1H/2018 & 2Q/2018 Financial Results

Compal Electronics, Inc. (“Compal”) (TAIEX: 2324) today announced 1H18 consolidated financial results. Consolidated revenue was NT$433,996 million, +8% YoY, contributed by the growth of PCs as well as Smart Devices. Consolidated operating profit was NT$4,678 million, +22% YoY. Consolidated net profit was NT$3,872 million, and net profit attributed to the parent company was NT$3,486 million. Earnings per share (EPS) was NT$0.80 in 1H18.

 

Consolidated revenue in 2Q18 was NT$237,884 million, +21% QoQ. Consolidated operating profit was NT$2,624 million, +28% QoQ, with the OPM rate of 1.1%, benefited from the enlarged scale. Consolidated net profit was NT$2,290 million, and net profit contributed to the parent company was NT$2,092 million, +50% QoQ. EPS was NT$0.48 in 2Q18.

 

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

 

 

1H 2018

1H 2017

YoY

NT$ Million

Amount

%

Amount

%

%

Net sales

433,996

100.0%

401,208

100.0%

8%

Gross margin

14,422

3.3%

15,633

3.9%

-8%

Operating margin

4,678

1.1%

3,842

1.0%

22%

Non-op items

174

 

-1,293

 

 

Pre-tax income

4,852

1.1%

2,549

0.6%

90%

Net income

3,872

0.9%

1,525

0.4%

154%

Net income to Parent

3,486

0.8%

1,328

0.3%

163%

EPS (NT$)

0.80

 

0.31

 

 

 

 

Compal Electronics, Inc. Statement of Comprehensive Income- 2Q18  (NT$ Million)

 

 

2Q 2018

1Q 2018

QoQ

  2Q 2017  

YoY

NT$ Million

Amount

%

Amount

%

%

Amount

%

%

Net sales

237,884

100.0% 

196,112

100.0%

21%

172,935

100.0%

11%

Gross margin

7,799

3.7%

6,623

3.4%

18%

7,808

3.7%

0%

Operating margin

2,624

1.1%

2,054

1.0%

28% 

892

0.4%

194%

Non-op items

306

 

-132

 

 

202

 

 

Pre-tax income

2,930

1.2%

1,922

1.0%

52%

1,094

0.5%

168%

Net income

2,290

1.0%

1,583

0.8%

45%

417

0.2%

449%

Net income to Parent

2,092

0.9%

1,393

0.7%

50%

254

0.1%

724%

EPS (NT$)

0.48

 

0.32

 

 

0.06

 

 

 

   

 

Compal Electronics, Inc.

Gary Lu

CFO, Senior vice president and Spokesman

Tele: 886-2-87978588

Investor@compal.com

 

Jack Wang

Accounting Director, Deputy Spokesman

Tele: 886-2-87978588

Investor@compal.com