ACX-KY Reports Record Q1 Revenue, EPS NT$11.66, Gross Margin Below 30%
NQ Score
0/100
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.