IT and consumer electronics channel distributor Synnex Technology International recorded a net profit of NT$17.272 billion (US$621 million) for 2021, the historically highest annual level and an increase of 111.70% on year, according to the company.
Synnex Technology posted consolidated revenues of NT$123.931 billion, gross margin of 4.09%, operating profit of NT$2.810 billion, net profit of NT$3.051 billion, and net EPS of NT$1.83 for the fourth quarter of 2021. The consolidated revenues, gross margin, and operating profit achieved respective quarterly records.
For the whole year, Synnex Technology posted consolidated revenues of NT$408.812 billion, a gross margin of 4.31%, an operating profit of 9.933 billion, and a net EPS of NT$10.35.
Synnex Technology has decided to distribute a cash dividend per share of NT$5.00 for 2021, accounting for 48.31% of the corresponding net EPS.
Synnex Technology International: Breakdown of consolidated revenues by product category (NT$b) | ||||
Product category | 4Q21 | Y/Y | 2021 | Y/Y |
Business-use IT | 32.3 | 14.5% | 107.4 | 18.5% |
IT for other use | 57.7 | 38.4% | 165.6 | 16.9% |
Telecom | 4.9 | 14.0% | 16.5 | 15.4% |
IC components | 29.0 | 12.8% | 119.3 | 36.2% |
Source: Company, compiled by DIGITIMES, March 2022
