Asustek Q4 profit up on better shipments

CLOUDY OUTLOOK:Asustek also reported flattish January revenues, while four PC contract makers posted double-digit percentage drops due to a seasonal slowdown

Taipei Times
Date: Feb 16, 2016
By: Lauly Li / Staff reporter
Asustek Computer Inc (華碩) yesterday reported slight annual growth in net income for last quarter, supported primarily by better-than-expected notebook shipments during the electronics industry’s peak season.

Net profit inched up 0.88 percent to NT$4.54 billion (US$135.84 million) last quarter, the company said. That represented a quarterly growth of 7.83 percent.

“Last quarter’s net income growth was mainly because of the better-than-expected notebook PC shipments,” chief financial officer Nick Wu (吳長榮) told the Taipei Times.     [FULL  STORY]

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