Asustek posts over 10% income decline in 1Q20
Monica Chen, Hsinchu; Joseph Tsai, DIGITIMES
Asustek Computer has introduced consolidated revenues of NT$70.85 billion (US$2.36 billion) for the primary quarter of 2020, down 17.55% on yr however beating its authentic estimate of a sharper 30% decline.
Asustek had consolidated revenues of NT$26.36 billion for March, down 31.05% on yr.
Asustek co-CEO SY Hsu beforehand famous that the coronavirus outbreak can have a critical affect on the corporate’s enterprise within the brief time period, however the firm continues to be assured about its growth targets for the medium to long run.
The firm has seen elevated demand from customers working or finding out from house in China.
