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ACX-KY Reports Record Q1 Revenue, EPS NT$11.66, Gross Margin Below 30%

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AI Summary (NQ-processed)

ACX-KY (Action Electronics Co., Ltd.) reported record first-quarter revenue of NT$20.863 billion, a 29.4% increase year-on-year. Net profit attributable to the parent company was NT$2.273 billion, up 41% year-on-year, with earnings per share of NT$11.66. However, the gross margin fell to 28.76%, below 30%, due to platform transitions and utilization rates. HPC business continued strong growth.

AI Analysis

Frequently Asked Questions

Q: What was ACX-KY's revenue in the first quarter?
A: ACX-KY's revenue in the first quarter was NT$20.863 billion, a record high.
Q: What was ACX-KY's net profit and EPS in the first quarter?
A: Net profit attributable to the parent company was NT$2.273 billion, and earnings per share were NT$11.66.
Q: Why did the gross margin decrease?
A: The gross margin decreased to 28.76% due to platform transitions and utilization rate impacts.
Q: Which business segments performed well in the first quarter?
A: The HPC business continued strong growth, and the industrial and automotive businesses also saw significant increases.