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ECS and ASRock see revenues grow in March

, Taipei
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Taiwan-based motherboard makers Elitegroup Computer Systems (ECS) and ASRock both saw on-month revenue growth in March, according to the two companies.

ECS has announced non-consolidated revenues of NT$5.52 billion (US$163.61 million) for March, an increase of 68.89% on month, but a drop of 10.44% on year. The company's non-consolidated revenues for the first quarter only reached NT$11.65 billion, a drop of 33.91% on year.

ECS shipped around 300,000 notebooks and 1.4-1.5 million motherboards in March.

For 2008, ECS' annual consolidated revenues reached NT$89.75 billion with the net profit after tax of NT$310 million or an EPS of NT$0.27. Although the company suffered a drop in revenues on year, the company will still distribute a dividend of NT$0.25 in cash.

ASRock has announced non-consolidated revenues of NT$746 million for March, increases of 29.28% on month and 63.08% on year, while non-consolidated revenues for the first quarter reached NT$1.82 billion, an increase of 11.89% on year.

First-tier motherboard makers: Revenues and shipments, March 2009

Company

March 2008 revenues

M/M

Y/Y

YTD

Y/Y

Shipments

Asustek

17 (consolidated)

27.82%

(16.26%)

47

(25.4%)

2.2 million motherboards (March)

200,000 notebooks (March)

280,000 Eee PCs (March)

Pegatron

32.27

31.7%

(2.4%)

80.2

(17.74%)

2.14 million motherboards (March)

0.95-1 million notebooks (March)

502,000 graphics cards (March)

Gigabyte

3.89

7.3%

(7.5%)

11.42

(18.6%)

1.5-1.6 million motherboards (March)

270,000 graphics cards (March)

MSI

6.45

9.36%

(27.79%)

18.13

(30.29%)

N/A

ECS

5.52

68.89%

(10.44%)

11.65

(33.91%)

300,000 notebooks (March)

1.4-1.5 million motherboards (March)

Source: Companies, compiled by Digitimes, April 2009

Article translated by Joseph Tsai