08.08.2023
Taipei, Taiwan, R.O.C. – August 8th, 2023– ADATA today reported its financial results for the second quarter of 2023. Thanks to stability of DRAM spot prices, the company’s gross margin rose by 4 percentage points to 15.46% for the quarter. Operating profits were NT$142 million, an increase of 239.69% compared with the previous quarter. Net income of NT$284 million and net income attributable to shareholders of the parent of NT$267 million grew by 4 times and 10 times quarter-over-quarter, respectively. Based on 263 million outstanding shares, earnings per share came to NT$1.02.
For the first half of 2023, ADATA’s consolidated revenue totaled NT$14.06 billion and gross margin was 13.44%. Operating profits were NT$183 million and net income was NT$341 million. Net income attributable to shareholders of the parent came to NT$291 million and EPS was NT$1.11.
The company’s consolidated sales for July 2023 were NT$2.28 billion. Accumulated consolidated sales from January through July were NT$16.35 billion, a 22.64% decrease compared to the same period for 2022.
ADATA 2023/Q2 Consolidated Financial Summary
|
Item (in millions of NT$) |
2023/Q2 |
2023/Q1 |
QoQ% |
2022/Q2 |
YoY% |
|
Revenue |
6,848 |
7,211 |
(5.03) |
8,749 |
(21.72) |
|
Gross profit |
1,058 |
831 |
27.32 |
944 |
12.07 |
|
Operating profit |
142 |
42 |
239.69 |
158 |
(10.31) |
|
Income before tax |
370 |
88 |
321.65 |
(7) |
- |
|
Net income |
284 |
57 |
398.89 |
14 |
1873.42 |
|
Net income attributable to shareholders of the parent |
267 |
24 |
989.06 |
37 |
629.21 |
|
Basic EPS (in dollars) |
1.02 |
0.09 |
- |
0.14 |
- |
ADATA July Sales Report (Consolidated) (Unit: NT$ million)
|
Period |
July-23 |
M-O-M (%) |
Y-O-Y (%) |
|
Net sales |
2,278 |
(0.21) |
(14.56) |
Sales by Product for July 2023:
|
DRAM |
41.14% |
|
SSD |
36.54% |
|
Others |
22.32% |
*Year 2023 figures have not be audited.
