Gemtek announced 3Q 2023 consolidated Financial report
<戻り 財務ニュース2023-11-08
Gemtek (TSE:4906) announced the Cumulative Consolidate Sales Revenue of the first three quarters of 2023 is reported at NT$ 20.233 Billion, seeing a yearly increase of 4.46%. The Cumulative Gross margin is 10.64%, seeing a yearly increase of 17.83%. The Cumulative Net Profit before tax is NT$ 877 Million, seeing a yearly increase of 52.37%. The Cumulative Net profit is NT$ 700 Million, seeing a yearly increase of 55.83%. The Cumulative Earning Per Share is NT$1.85, seeing a yearly increase of 110.23%.
The gross profit margin performance in the third quarter was significant, with a gross profit margin of 10.4%, mainly due to the disposal of Gemtek Electronics (ChangShu) Co., Ltd. leading to the decrease of operating cost, other than that, high Gross margin product has steady shipment. Looking ahead to Q4 and next year, new specification generates new product shipment, also the company’s new business model is also positive for profit, better Gross margin can be anticipated in the future.
All detail information can be found in Market Observation Post System at code number 4906.
The gross profit margin performance in the third quarter was significant, with a gross profit margin of 10.4%, mainly due to the disposal of Gemtek Electronics (ChangShu) Co., Ltd. leading to the decrease of operating cost, other than that, high Gross margin product has steady shipment. Looking ahead to Q4 and next year, new specification generates new product shipment, also the company’s new business model is also positive for profit, better Gross margin can be anticipated in the future.
All detail information can be found in Market Observation Post System at code number 4906.