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Asustek Results 14/11/2016

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Asustek Computers announced Q3 FY16 results with sales of NT$107.5 bn ($3.4 bn) and net profit of NT$5.9 bn ($187.7 mn), resulting in a net profit margin of 5.5%. The Q3 FY16 sales increased 14% as compared to previous quarter sales of NT$93.9 bn ($2.9 bn), but slightly lesser than last year’s Q3 sales of NT$110.9 bn ($3.4 bn).

The Q3 FY16 net profit was 45% higher than the previous quarter figure of NT$4.1 bn ($126.5 mn) and 42% higher than last year’s Q3 net profit of NT$ 4.2 bn ($131.2 mn).

The PC segment, which contributes two-third of sales, increased around 5% on q-o-q basis. The mobile segment increased around 10-20% on q-o-q basis, however it’s contribution to total sales decreased.