Compal Electronics, Inc. announced its financial results for the first quarter 2018 with net sales of NT$196.1 billion ($6.58 billion), an increase of 5%, compared to NT$187.4 billion ($6.28 billion) in Q1 2017. Net income for Q1 2018 was NT$1.39 billion ($47 million), an increase of 30%, compared to NT$1.07 billion ($36 million) in Q1 2017.
Consolidated operating profit was NT$2,054 million, a decrease of 16% QoQ and 30% YoY due to continued impact from unfavorable currency exchange and product mix.