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Quanta Computer shipped 10.9 million notebooks in the third quarter of 2016, increasing 2.83% on quarter, and expects shipments to decrease 2-3% in the fourth quarter sequentially and slip 0-5% on year in 2017, company vice chairman CC Leung said at a November 10 investors conference.
In the third quarter, notebooks accounted for 50-55% of consolidated revenues. Third-quarter net profit was less than the corresponding net operating profit by as much as NT$1.987 billion (US$63 million) and this was mainly due to large foreign exchange loss of NT$1.127 billion.
|
Quanta Computer: Financial report, 3Q16 (NT$b) |
|||||
|
Item |
3Q16 |
Q/Q |
Y/Y |
Jan-Sep 2016 |
Y/Y |
|
Consolidated revenues |
223.699 |
7.72% |
(18.92%) |
628.737 |
(14.12%) |
|
Gross margin |
5.52% |
0.28pp |
1.25pp |
5.26% |
0.73pp |
|
Net operating profit |
5.943 |
42.89% |
31.42% |
13.616 |
7.15% |
|
Net profit |
3.956 |
13.03% |
(32.16%) |
11.073 |
(14.01%) |
|
Net EPS (NT$) |
1.03 |
|
|
2.87 |
|
Source: Company, compiled by Digitimes, November 2016
Quanta vice chairman CC Leung
Photo: Michael Lee, Digitimes, November 2016
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