News Column

Hon Hai Q2 Net Up More than 3%

August 14, 2014



TAIWAN, August 14, SinoCast -- Hon Hai harvested profit of TWD 27.9 billion in the second quarter, rising 33.6% from a quarter earlier and 50% from a year ago. After-tax net profit reached TWD 20.186 billion, climbing more than 3% from a quarter ago. EPS were TWD 1.37 in the reporting period and TWD 2.7 in the first half of 2014.

In the second quarter, consolidated gross margin hit 7.05%, inching up 1.01 percentage points from a quarter earlier and 1.25 percentage points from a year ago. Operating profit margin was 3.18%, moving up 0.81 percentage points from a quarter ago and 1.1 percentage points from a year earlier. Net profit margin hit 2.3%, higher than 2.21% of last quarter and 1.9% of a year ago.


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Source: Sinocast Computers & Electronics Beat (China)


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