‘STABILIZED’: The firm is optimistic about its prospects this year and its dividend is to be maintained at NT$15 despite posting its lowest annual profit since 2010
Taipei Times
Date: Feb 10, 2018
By: Lauly Li / Staff reporter
Asustek Computer Inc (華碩) yesterday said the profitability and shipments of its PC and smartphone businesses are expected to improve this year, after reporting a nearly 20 percent year-on-year decline in net income last year.
“We stabilized our operation in the second half of last year… Our top priority is to maintain profitability and then to seek shipment growth across the board this year,” Asustek chief executive Jerry Shen (沈振來) told an investors’ conference at the company’s headquarters in Taipei.
Shen’s remarks came after Asustek reported net profit of NT$15.54 billion (US$528.45 million) last year, its lowest annual profit since 2010, a company filing with the Taiwan Stock Exchange showed.
Earnings per share were NT$20.9, compared with NT$25.9 in 2016. [FULL STORY]