Home Update Qisda goals to boost income proportion for top value-added

Qisda goals to boost income proportion for top value-added

240


EMS supplier Qisda goals to have excessive value-added product strains take up over 50% of its consolidated revenues in 2020, in keeping with firm chairman and CEO Peter Chen.

High value-added product strains are outlined as product objects with gross margins of at the very least 20%, Chen famous.

Despite hikes in part price in 2018, Qisda’s consolidated revenues of NT$155.783 billion (US$5.06 billion) for the 12 months grew 13.82%, because of partnerships with companies it has made strategic stake funding in, Chen stated.

Qisda’s product strains are complementary to companions’ and Qisda has built-in its working sources with companions’ to hike manufacturing effectivity, Chen defined, including the companions have additionally benefited from the cooperation.

Qisda acquired an about 55% stake in industrial PC maker DFI in October 2017 and DFI’s 2018 consolidated revenues rose 40.2% to NT$5.211 billion.

Qisda has additionally been strengthening its enterprise operation by creating good options to be used in retail operation, manufacturing, medical care, power administration, company enterprise administration and schooling. Sales from good options exceeded NT$10 billion in 2018.

For Taiwan-based makers, Southeast Asia is a big market with enormous potential demand from shoppers not but glad, Chen stated. To faucet the market, K2 International Medical, by which Qisda holds a 37.56% stake, is establishing a subsidiary in Thailand for advertising and marketing hemodialyzers, hemodialysis service and aesthetic medical merchandise/companies, Chen famous.

Qisda’s subsidiary BenQ Medical Technology in late March 2019 additionally signed with Malaysia-based LKL International as a Southeast Asia gross sales agent for its diagnostic ultrasound units, surgical tables and lamps, Chen indicated.

Qisda posted gross margin of 12.35%, web working revenue of NT$4.576 billion, web revenue of NT$4.035 billion and web EPS of NT$2.05 for 2018, and has determined to deal out a money dividend per share of NT$0.85.

Qisda chairman

Qisda chairman and CEO Peter Chen
Photo: Shihmin Fu, Digitimes, April 2019



Source hyperlink

LEAVE A REPLY

Please enter your comment!
Please enter your name here