EMS provider Qisda has reported its second-quarter 2018 gross margin reached 12.96%, the highest quarterly level in nearly five years.
Record-high LCD display shipments were the main source of growth in the second-quarter revenues, Qisda said. In a bid to hike overall gross margin, Qisda has been adjusting product mix and enhancing marketing of smart solutions, especially those for the medical sector, it added.
Qisda has reported consolidated revenues of NT$12.606 billion (US$411 million) for July, decreasing 8.69% sequentially but increasing 13.01% on year, and those of NT$86.329 billion for January-July grew 13.98% on year.
Qisda: Financial results, 2Q18 (NT$m) | |||||
| 2Q18 | Q/Q | Y/Y | Jan-Jun 2018 | Y/Y |
Consolidated revenues | 38,069 | 6.77% | 15.72% | 73,723 | 14.15% |
Gross margin | 12.96% | 0.94pp | 0.31pp | 12.51% | 0.46pp |
Net operating profit | 1,330 | 55.56% | 37.25% | 2,185 | 23.49% |
Net profit | 803 | (19.46%) | (41.17%) | 1,800 | (30.65%) |
Net EPS (NT$) | 0.41 | 0.92 | |||
Source: Company, compiled by Digitimes, August 2018
Article translated by Adam Hwang
