Sat, Feb 09, 2013 - Page 14 News List

Compal Electronics posts drop in revenue

By Helen Ku  /  Staff reporter

The nation’s major PC contract manufacturers yesterday said that their consolidated revenue fell for the second consecutive month last month, citing that the first quarter of a year is usually a weak season.

Compal Electronics Inc (仁寶電腦), the world’s second-largest contract laptop maker, yesterday posted a 5.9 percent drop in consolidated revenue of NT$57.18 billion (US$1.9 billion) for last month compared with NT$60.77 billion the previous month.

On an annual basis, the figure represents 30.3 percent growth from NT$43.75 billion.

Wistron Corp (緯創), the world’s third-biggest contract notebook maker, yesterday said its consolidated revenue fell 4.3 percent from NT$55.4 billion in December last year to NT$52.95 billion last month, which reflects 2.85 percent growth compared with the NT$51.48 billion posted in January last year.

Inventec Corp (英業達), the world’s fourth-largest contract laptop maker, for the first time submitted a filing to Taiwan Stock Market yesterday, and reported its monthly consolidated revenue after the government requested enterprises follow international financial reporting standards when making journal entries from the beginning of this year.

Inventec said its consolidated revenue was NT$34.63 billion last month, which represents a 5.94 percent increase from NT$32.69 billion in January last year.

Compal’s shares closed down 0.95 percent at NT$20.75 in Taipei trading on Wednesday ahead of the Lunar New Year holiday, while Wistron’s shares closed down 0.74 percent at NT$33.45 and Inventec’s shares closed down 0.84 percent at NT$11.85.

The TAIEX closed up 0.25 percent at 7,906.65 points on Wednesday.

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