Compal Electronics, Inc. (“Compal”) (TAIEX: 2324) today announced 1Q20 consolidated financial results. Impacted by the Covid-19 outbreak, 1Q20 consolidated revenue was NT$182,047 Million, -32% QoQ and -14% YoY. Due to the lower utilization and higher expenses related to Covid-19 prevention, 1Q20 consolidated operating profit declined to NT$906 Million, -71% QoQ and -63% YoY. 1Q20 consolidated net profit attributed to the parent company was NT$605 Million. EPS was NT$0.14.
Compal Electronics, Inc.─ Statement of Comprehensive Income (Consolidated)
|
NT$ Million |
1Q 2020 |
4Q 2019 |
QoQ |
1Q 2019 |
YoY |
|||
|
Amount |
% |
Amount |
% |
% |
Amount |
% |
% |
|
|
Net Sales |
182,047 |
100.0% |
267,523 |
100.0% |
-32% |
210,601 |
100.0% |
-14% |
|
Gross Margin |
5,946 |
3.3% |
9,517 |
3.6% |
-38% |
7,662 |
3.6% |
-22% |
|
Operating Margin |
906 |
0.5% |
3,086 |
1.2% |
-71% |
2,421 |
1.1% |
-63% |
|
Non-Op Items |
183 |
|
-318 |
|
|
-311 |
|
|
|
Pre-tax Income |
1,089 |
0.6% |
2,768 |
1.0% |
-61% |
2,110 |
1.0% |
-48% |
|
Net Income |
771 |
0.4% |
2,159 |
0.8% |
|
1,660 |
0.8% |
|
|
Net Income to Parent |
605 |
0.3% |
2,014 |
0.8% |
-70% |
1,350 |
0.6% |
-55% |
|
EPS (NT$) |
0.14 |
|
0.47 |
|
|
0.31 |
|
|
Media Contact:
Gary Lu Jack Wang
Senior Vice President, Spokesman Vice President, Deputy Spokesman
Tel: 886-2-8797-8588 Tel: 886-2-8797-8588