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 |
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Source: Company, compiled by Digitimes
Article translated by Adam Hwang