Taiwan Monthly Results – June 2017

By Bob Raikes
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We’ll summarise all the Taiwan monthly financial reports this week.

Asustek was up 24% on last month in June, at $1.3 billion, but down 8% on June 2016. That meant that quarterly revenue was down 6% on last year at $3.2 billion.

AUO‘s revenues were $934.32 million in June, up 1.8% on May and 4% on last year. Second-quarter revenues were $2.78 billion, down 4.7% on the quarter but up 5.4% on the year.

Compal was up 17.8% on May to $2.7 billion in June and up 18.17% on last year. Year to date revenues are up 14.77% to $13.22 billion.

Coretronic saw sales of $139.9 million in June, down 11.54% on the same month in 2016, but up 12% on May this year. Shipments of projectors hit 124,000 units in June, while revenues grew to $50 million.

CPT was up 5.4% on last year to $81.85 million, up 3.5% on May and with revenues for the half year at $546 million, up 16.6% on 2016.

Delta Electronics said its sales were $616 million in June, up 8% on last year and up 5% on May 2017. For the half year, sales were $3.37 billion, up just 2% on the first half of 2016.

Foxconn saw sales of $10.53 billion in June, up 12.61% on May and 3.32% on June 2016. Sales for Q2 were down 0.55% from last year at $30.24 billion.

Giantplus reported that its sales were $33.8 million in June, up 7.7% on May and 12.1% on June last year. Revenues were $198 million for the half year to date. The company reports that automotive panels now make up 28% and are expected to increase to 30% of revenues in the second half.

Hannstar said that its sales revenues were up 15.3% on last year to $52.9 million in June and down 1.3% on last month.

Innolux sold $917 million in panels in June, up 20% from last year, but down 0.2% from May. For the second quarter, sales were $2.78 billion.

Macroblock posted its financial results for June and reported sales of $7.2 million for its LED controllers.

Pegatron had revenues in June up 2.19% on May, but 13.48% down on last year at $2.68 billion.

Quanta’s sales were strongly up on the year (32.3%) and the month (23.6%) at $3.03 billion and the company shipped 4.3 million notebooks in June, up from 3.6 million in May. For the half year, volume was 19.8 million.

Wistron saw revenues of $2.33 billion in June, up 8.7% on a monthly basis and 29.2% on an annual basis. The company has shipped 9.4 million notebooks in the year to the end of June. The company was also up in volume for TVs and monitors. There are rumours that Wistron has won business to assemble phones for Apple in the second half and this may boost revenues.