Compal Electronics, Inc. (“Compal”) (TAIEX: 2324) today announced 2018 consolidated financial results. 2018 consolidated revenue was NT$967,706 million, +9% YoY, contributed by both PCs and Smart Devices growth. Consolidated OP profit was NT$9,262 million, +1% YoY. Non-Op was mainly contributed by LCFC (HK) disposal gains of NT$2,511 million in 3Q18. Consolidated net profit attributed to the parent company was NT$8,913 million, +55% YoY. 2018 EPS was NT$2.05. Compal Board of Directors today also approved NT$1.2 cash dividends per share for year 2018.
4Q18 consolidated revenue was NT$280,302 million, +11% QoQ. Given the enlarged scale and higher capacity utilization, consolidated OP profit increased by 40% QoQ to NT$2,677 million. Consolidated net profit contributed to the parent company was NT$1,695 million. 4Q18 EPS was NT$0.39.
Compal Electronics, Inc.─ Statement of Comprehensive Income (Consolidated)
|
|
2018 |
2017 |
YoY |
||
|
|
Amount |
% |
Amount |
% |
% |
|
Net sales |
967,706 |
100.0% |
887,657 |
100.0% |
9% |
|
Gross margin |
30,567 |
3.2% |
31,965 |
3.6% |
-4% |
|
Operating margin |
9,262 |
1.0% |
9,208 |
1.0% |
1% |
|
Non-op items |
2,528 |
|
-1,094 |
|
|
|
Pre-tax income |
11,790 |
1.2% |
8,114 |
0.9% |
45% |
|
Net income |
9,589 |
1.0% |
6,158 |
0.7% |
56% |
|
Net income to Parent |
8,913 |
0.9% |
5,750 |
0.6% |
55% |
|
EPS (NT$) |
2.05 |
|
1.32 |
|
|
|
4Q 2018 |
3Q 2018 |
QoQ |
4Q 2017 |
YoY |
||||
|
|
Amount |
% |
Amount |
% |
% |
Amount |
% |
% |
|
Net sales |
280,302 |
100.0% |
253,408 |
100.0% |
11% |
254,840 |
100.0% |
10% |
|
Gross margin |
8,755 |
3.1% |
7,389 |
2.9% |
18% |
8,391 |
3.3% |
4% |
|
Operating margin |
2,677 |
1.0% |
1,906 |
0.8% |
40% |
2,446 |
1.0% |
9% |
|
Non-op items |
-116 |
|
2,471 |
|
|
141 |
|
|
|
Pre-tax income |
2,561 |
0.9% |
4,377 |
1.7% |
-41% |
2,587 |
1.0% |
-1% |
|
Net income |
1,855 |
0.7% |
3,862 |
1.5% |
-52% |
2,186 |
0.9% |
-15% |
|
Net income to Parent |
1,695 |
0.6% |
3,733 |
1.5% |
-55% |
2,098 |
0.8% |
-19% |
|
EPS (NT$) |
0.39 |
|
0.86 |
|
|
0.48 |
|
|
Compal Electronics, Inc.
Gary Lu Jack Wang
Senior Vice President, Spokesman Vice President, Deputy Spokesman
Tel: 886-2-8797-8588