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Wistron suffers large drop in 1Q14 net profit

MOPS, May 15
0

Notebook ODM Wistron has released its first-quarter 2014 financial report, with net profit shrinking 63.14% sequentially and 78.83% on year.

Wistron shipped 4.5 million notebooks in the first quarter, decreasing 21.1% sequentially, and expects to ship at least 4.75 million units in the second quarter.

Wistron: Financial report, 1Q14 (NT$m)

Item

1Q14

Q/Q

Y/Y

Consolidated revenues

125,818 (US$4.152 billion)

(12.00%)

(20.47%)

Gross margin

5.21%

0.10pp

0.12pp

Net operating profit

215.1

(75.60%)

(87.64%)

Net profit

341.9

(63.14%)

(78.83%)

Net EPS (NT$)

0.15

Source: Company, compiled by Digitimes

Article translated by Adam Hwang