IT and consumer electronics channel distributor Synnex Technology International has reported net EPS of NT$1.35 (US$0.05) for first-quarter 2018.
First-quarter revenues from notebooks and desktops increased 22% on year; handsets rose 39%; servers and storage devices climbed 16%; information security products hiked 62%; graphics cards skyrocketed 291%; memory and SSDs soared 82%; cloud computing services grew 80%; AI (artificial intelligence) and IoT (Internet of Things) devices and services expanded 132%.
Synnex: Financial results, 1Q18 (NT$b) | |||
Item | Amount | Q/Q | Y/Y |
Consolidated revenues | 89.323 | (16.50%) | 16.70% |
Gross margin | 3.67% | 0.30pp | (0.23pp) |
Net operating profit | 1.268 | (20.67%) | 16.61% |
Net profit | 2.251 | 27.22% | 97.33% |
Source: Company, compiled by Digitimes, May 2018
Article translated by Adam Hwang
