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About Press Room DFI Reports Double-Digit Revenue and Profit Growth in Q2 EPS in the First Half of the Year Was NT$1.09
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DFI Reports Double-Digit Revenue and Profit Growth in Q2 EPS in the First Half of the Year Was NT$1.09|Press Room|DFI

DFI Reports Double-Digit Revenue and Profit Growth in Q2 EPS in the First Half of the Year Was NT$1.09

2024/08/05 (UTC-6)
DFI Reports Double-Digit Revenue and Profit Growth in Q2

DFI (2397), the world’s leading brand of embedded motherboards and industrial computers (IPCs), today, August 5, released its consolidated financial statement for Q2. The company’s consolidated revenue totaled NT$2.168 billion, an increase of 14% QoQ and a decrease of 8% YoY. Operating profit was NT$120 million, an increase of 62% QoQ and a decrease of 7% YoY. Earnings per share amounted to NT$0.64, with the overall business gradually recovering.

Alexander Su, President of DFI, stated that although DFI still faced uncertainties in the global economy in Q2, order intake recovered due to the gradual recovery of market demand, with the book-to-bill ratio steadily increasing. In addition, the embedded solutions business has successively landed several important projects in Europe and the Asia-Pacific region, which shows that end customers are actively preparing for the economic recovery.

In terms of the geographical distribution of revenue, the United States and China were the best performing markets in Q2 with revenue growth of over 20% QoQ, followed by Europe with growth of over 10% QoQ, and Taiwan with single-digit growth. In the medium to long term, DFI’s growth will continue to be driven by the unchanged demand in areas such as smart mobility, smart transportation, and smart healthcare.

DFI’s consolidated revenue amounted to NT$4.074 billion in the first half of the year, down 17% YoY. Gross operating profit was NT$1.113 billion, representing a YoY decrease of 15%. Earnings per share was NT$1.09. The gross profit margin was 27% as in the first half of last year, while the operating profit margin and net profit after tax rate attributable to the parent company were 4.8% and 3.1%, respectively.