Compal turns profitable in 2Q14; Wistron sees better gross margins
Aaron Lee, Taipei; Joseph Tsai, DIGITIMES [Thursday 14 August 2014]

Compal Electronics saw its second-quarter revenues rise 18% sequentially and 21% on year to reach NT$201.87 billion (US$6.73 billion) with gross margins reaching 3.9%, net profits NT$2.48 billion and EPS NT$0.55.

Compal suffered losses of NT$2.13 billion in the first quarter due to loss of NT$4.73 billion arising from results of arbitration.

Compal expects its notebook shipments in the third quarter to grow 5-10% from the previous quarter and will enjoy growth every month beginning August.

Wistron also announced consolidated revenues of NT$135.89 billion, net profits of NT$1.21 billion and EPS of NT$0.51 for the second quarter with gross margins rising from 5.21% in the first quarter to 6.28%. Wistron’s consolidated revenues came to NT$261.7 billion, net profits NT$1.55 billion and EPS NT$0.66 in the first half.

Wistron pointed out that the increased gross margins were due to changes in the product mix.

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