Industrial computer maker Ennoconn Corp (樺漢科技) yesterday said it is optimistic about the growing opportunities in the edge computing business and expects significant growth this year in the company’s three major units — design and manufacturing, systems integration and brand business.
With a book-to-bill ratio of about 1.1 percent to 1.15 percent, and an order backlog exceeding NT$180 billion (US$5.42 billion), Ennoconn said it holds clear order visibility and expects the company’s revenue, gross profit and net profit to show stable growth this year.
A book-to-bill ratio above 1 percent indicates increasing demand.
Photo: CNA
Ennoconn Corp, a subsidiary of electronics giant Hon Hai Precision Industry Co (鴻海精密), at an earnings conference in Taipei, said that it plans to set up a new factory in Tennessee to respond to US President Donald Trump’s tariff policy. The facility is expected to begin production in the third quarter of this year.
Revenue last year increased 20.3 percent to NT$146.38 billion from NT$121.64 billion in 2023, thanks to substantial sales contribution from the company’s high-margin cloud solution as a service (SaaS) business in light of the huge opportunities related to digital transformation, artificial intelligence, semiconductors, new energy installations and information security.
Europe remained Ennoconn’s largest market last year, accounting for 35.5 percent of its total revenue, followed by the US with 29.1 percent, China with 9.8 percent and other regions accounting for 24.5 percent.
Net profit rose 21.2 percent to NT$2.74 billion from NT$2.26 billion a year earlier, and earnings per share increased to NT$20.03 from NT$19.01, company data showed.
The company’s board of directors on Friday proposed a cash dividend of NT$12.2 per share, representing a payout ratio of 60.91 percent.
This year, the company expects its design and manufacturing business to benefit from contribution by its partner New York-listed NCR Voyix Corp, a maker of POS systems, ATMs and barcode readers, it said, adding that its branded business, supported by German subsidiary Kontron AG, aims to expand into the aerospace, electric vehicle charging and energy management markets.
Additionally, its system integration business is expected to benefit from increasing semiconductor investment by its automated supply system and turnkey engineering subsidiary, Marketech International Corp (帆宣), in the US, it said.
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