NEWS
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ESG
2024.03.01
Qisda Target has been validated by the SBTi, Aiming to Keep Global Warming Below 1.5°C
Qisda announced that it has been validated by the Science Based Targets initiative (SBTi), an international authority on climate change. Using financial accounting as the organizational boundaries, the company actively proposed carbon reduction goals, aligning with the United Nations Climate Summit's Paris Agreement to limit global average temperature rise to 1.5°C. Qisda commits to reduce absolute scope 1 and 2 GHG emissions 42% by 2030 from a 2021 base year. Qisda Corporation also commits to reduce absolute scope 3 GHG emissions 25% within the same timeframe. Qisda's main emissions sources in its operations come from Scope 2 purchased electricity usage, accounting for about 90% of Scope 1 and Scope 2 emissions. To achieve its carbon reduction goals, Qisda joined RE100 in December 2022 and actively promotes the establishment solar renewable energy and energy storage systems in various manufacturing sites. This involves upgrading old equipment, implementing energy-saving measures, procuring renewable energy, and reducing fossil fuel usage to initiate carbon reduction actions. Regarding Scope 3 emissions sources, which mainly include purchased goods and services, and use of sold products, Qisda has established sustainable supply chain management. It assists suppliers in conducting carbon footprint assessments, aiming to comprehensively reduce the carbon footprint of the supply chain. At the product level, Qisda is committed to implementing green design, creating low-carbon products to further reduce energy consumption and minimize material usage, thus achieving comprehensive carbon reduction goals. The SBTi is a global body enabling businesses to set ambitious emissions reductions targets in line with the latest climate science. It is focused on accelerating companies across the world to halve emissions before 2030 and achieve net-zero emissions before 2050. The SBTi defines and promotes best practice in science-based target setting, offers resources and guidance to reduce barriers to adoption, and independently assesses and approves companies’ targets.
2024.03.01
ESG
2023.11.15
BenQ Group Receives Twelve Awards at Taiwan Corporate Sustainability Awards
BenQ Group is dedicated to sustainable development. At the 16th Taiwan Corporate Sustainability Awards (TCSA), the group received a total of 12 awards. Notably, Qisda Corporation has been honored for two consecutive years as one of the ‘Top 100 Sustainability Enterprises Awards,’ acknowledging its continuous dedication to refining its sustainable practices. This dedication extends beyond Qisda Corporation to include grand fleet members, with MetaAge receiving the ‘Sustainable Single Performance - Talent Development Leadership’ award. In terms of Corporate Sustainability Reports, both Qisda Corporation and BenQ Materials achieved the highest recognition at the ‘Platinum Level,’ showcasing fruitful outcomes. The 16th TCSA, organized by the Taiwan Institute for Sustainable Energy Foundation, hosted its award ceremony on November 15. The organizers highlighted a 24% increase in the number of participating companies this year, totaling 526. Over the years, the number of participating companies has reached 731, with their combined annual revenue accounting for 140% of Taiwan’s 2022 GDP. The market value of these participating companies represents 80% of the total market value on the Taiwan Stock Exchange. This clearly indicates that emphasizing ESG factors is not only a challenge and a driving force for businesses but also a catalyst for progress. Chairman Peter Chen of the BenQ Group expressed that the group actively engages in sustainable business operations, uniting partners from the grand fleet. In 2023, the group received multiple sustainability awards, encompassing innovative technology, corporate social responsibility, and sustainable supply chain management. This recognition attests to the outstanding performance of the grand fleet in furthering its commitment to sustainable operations. Collaborating with Grand Fleet Partners, BenQ Group Achieved Sustainability Report Awards: Double Platinum, Double Gold, Three Silver, and Two Bronze, Earning Nine Distinctions The BenQ Group, collaborating with its grand fleet members, actively fosters sustainable business practices and continual improvements. This collaboration includes Qisda Corporation, BenQ Materials, Alpha Networks, Hitron, DFI, MetaAge, and Ace Pillar. In the current year, they have earned nine prestigious awards for their bilingual sustainability reports(in Chinese and English), achieving distinctions such as ‘Double Platinum, Double Gold, Three Silver, and Two Bronze.’ The grand fleet members have experienced an improvement in their rankings compared to the previous year, showcasing a proactive response to the environmental sustainability (E), social welfare (S), and corporate governance (G) expectations and demands of investors, consumers, and other stakeholders. These achievements underscore the tangible results of the companies’ sustainable development efforts. Ranked among Top 100 Sustainable Enterprises in Taiwan, Acknowledged for Sustainable Performance Qisda Corporation and its affiliate, Alpha Networks, are committed to promoting green products to reduce environmental impact, providing employees with excellent working conditions and benefits, implementing concrete local community care initiatives, actively fulfilling the company’s commitment to giving back to society, and establishing a transparent and responsible management system. Their performance in the three dimensions of ESG has been acknowledged, earning both companies the prestigious ‘Top 100 Sustainable Enterprises in Taiwan’ award for comprehensive sustainability achievements. Qisda Corporation actively practices sustainable business operations, setting goals to reduce supply chain carbon emissions by 30% by 2030, achieve 100% use of renewable energy by 2040, and attain net-zero emissions by 2050. In the future, they will accelerate innovation to provide environmentally friendly products and collaborate closely with the grand fleet and supplier partners to collectively reduce carbon emissions. They are committed to advancing towards the goal of ‘Together, Make the World Better.’ Taiwan Corporate Sustainability Awards BenQ Group Award List: Qisda Corporation: .Top 100 Sustainable Enterprises in Taiwan .Platinum Level – Corporate Sustainability Reports .Bronze Level – Corporate Sustainability Reports (English) BenQ Materials: .Platinum Level – Corporate Sustainability Reports .Silver Level – Corporate Sustainability Reports (English) Alpha Networks: .Top 100 Sustainable Enterprises in Taiwan .Gold Level – Corporate Sustainability Reports Hitron Technologies: .Silver Level – Corporate Sustainability Reports DFI: .Gold Level – Corporate Sustainability Reports MetaAge: .Silver Level – Corporate Sustainability Reports .Sustainable Single Performance – Talent Development Leadership Ace Pillar .Bronze Level – Corporate Sustainability Reports
2023.11.15
ESG
2023.07.21
BenQ Group Wins “Best Companies to Work for in Asia” for Fifth Consecutive Time
The BenQ Group continues its outstanding performance, securing the prestige of the “Best Companies to Work for in Asia” award for the fifth consecutive year and receiving the prestigious Gold Award for the first time. In the anonymous employee questionnaire survey conducted by the organizers among all participating companies to highlight genuine employee feedback, the BenQ Group received significantly higher scores in the three aspects of “Core,” “Self,” and “Group” compared to the market average. Out of 339 participating companies, it stands out, achieving an impressive five-year winning streak. Joe Huang, BenQ Group’s President, stated that from caring for employees’ physical and mental well-being to providing comprehensive talent development, the group offers a happy, equal, and supportive work environment that allows employees to fully showcase their talents and abilities. The continuous five-year achievement and the Gold Award are the results of the collective efforts of all colleagues. The BenQ Group aims to achieve the vision of a grand fleet with over half of high-value businesses profitable by 2027. They look forward to growing stronger together with their colleagues and moving toward their goals. The “Best Companies to Work for in Asia” award employs a diverse evaluation approach, with the anonymous employee survey being pivotal in highlighting genuine employee sentiments and serving as the key to winning the award. Based on this year’s questionnaire results, participating employees believe that in terms of talent development, apart from offering diverse training programs, the group’s “Grand Fleet” platform, which encompasses investments, mergers, and transformations, enables them to choose their areas of expertise, discover their strengths, find ways to improve themselves, and challenge higher goals. With more rotation opportunities, a positive feedback loop is formed. The BenQ Group upholds a people-centric core philosophy, fostering a high-standards work environment and offering generous employee stock trust systems and other welfare programs. The group respects diverse expertise, addressing each other by name rather than job titles, to build an equal and inclusive workplace culture. Furthermore, the group values ESG (Environmental, Social, and Governance) sustainable development, recognizing that only with sustainable businesses can talent endure. This includes advocating for digital learning to break the constraints of time and space while reducing paper usage and carbon emissions. Utilization and completion rates have reached 81% and 90% respectively. The group also organizes multiple beach cleaning activities and provides paid volunteer leave, initiatives which are intended to strengthen employee awareness of environmental protection. This further cultivates sustainable DNA deeply rooted in green product design, green operations, and a green supply chain. The “Best Companies to Work for in Asia” award is a prestigious award organized by HR Asia Magazine for businesses across Asia, recognized as an authoritative award in the field of human resources management in Asia. HR Asia appoints a review committee composed of industry experts to assess participating companies from various perspectives, such as corporate investigation reports, anonymous employee surveys, or on-site visits, and other evaluation methods, to identify the integrity and authenticity of the cultural, environmental, and welfare systems presented by the participating companies. This multifaceted evaluation process aims to select outstanding corporate brands from different sectors. This year, a total of 339 companies participated, with only 12 companies receiving the highest honor, the Gold Award.
2023.07.21
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2024
Monthly Revenues
2024.10.03
Qisda Announces Consolidated Revenue for September
TAOYUAN, TAIWAN, October 3, 2024 – Qisda Corporation today announced consolidated revenue of NT$17.7 billion for the month of September 2024, representing MoM increase of 4.9% and YoY decrease of 1.8%. The accumulated revenue of 2024 was NT$147.6 billion, representing YoY decrease of 3.5%.
2024.10.03
News Release
2024.09.23
Qisda Launches Tender Offer to Boost its Stake in NORBEL BABY, Strengthening Healthcare Retail Presence
Qisda (TWSE: 2352) today announces that the Board of Directors has approved a tender offer to acquire 13.95% outstanding common shares of NORBEL BABY (stock code: 6844, hereafter referred to as NORBEL) at NT$175 per share in cash. This move aims at strengthening its presence in the medical retail channel market and seize the opportunity in the elderly market. Through this tender offer, both companies will utilize each other’s resources to jointly expand the territory of the medical retail distribution channel market. The tender offer will be submitted to the Financial Supervisory Commission (FSC) and then announced to the public. The filing date is expected no later than September 24, 2024 and the expected start date of the tender offer is no later than September 25, 2024. The maximum number of shares to be acquired is 5,220,000, representing approximately 13.95% of NORBEL’s outstanding common shares, while the minimum is 1,872,000, or approximately 5% of NORBEL’s outstanding common shares. The tender offer will be deemed successful while the validly tendered shares meet the minimum threshold and the Fair Trade Commission does not prohibit the merger between Qisda and NORBEL. Qisda Chairman, Peter Chen, stated that the healthcare business is one of the major pillars in Qisda’s transformation into a high-value-added enterprise. With BenQ Medical Center as the flagship for medical services, fueled by the dual growth engines of medical devices and pharmaceutical distribution, Qisda aims to offer comprehensive services that promote healthier aging in response to the global trend of aging populations. Qisda currently holds approximately 26.72% of NORBEL’s shares and intends to increase its stake to further strengthen its strategic positioning. NORBEL specializes in the sales of professional pharmaceuticals, medical care, health care, maternity and infant products, medical beauty products, and related consulting services. Operating under the brand name "Tin Tin Drugstore," NORBEL has established a network of 94 large-scale professional chain pharmacies and drugstores across Taiwan. NORBEL employs over a hundred highly trained, full-time pharmacists, each with an average of more than five years of experience.
2024.09.23
Monthly Revenues
2024.09.04
Qisda Announces Consolidated Revenue for August
TAOYUAN, TAIWAN, September 4, 2024 – Qisda Corporation today announced consolidated revenue of NT$16.8 billion for the month of August 2024, representing MoM increase of 3.4% and YoY increase of 2.3%. The accumulated revenue of 2024 was NT$129.9 billion, representing YoY decrease of 3.7%.
2024.09.04
Monthly Revenues
2024.08.07
Qisda Holds 2Q’24 Earnings Conference
Qisda's operations in the second quarter showed improvement compared to the first quarter. Qisda has a positive outlook for a gradual recovery in the second half of the year. Qisda’s (TWSE: 2352) operations in the second quarter showed improvement compared to the first quarter, with a positive outlook for a gradual economic recovery in the second half of the year. Qisda announced its second-quarter financial report, revealing that revenue growth was observed across almost all major business groups. Notably, the profitability of the IT_Original business, IT_HVA business, and Medical business was impressive. This led to an increase in the gross margin and operating income margin, reaching 16.7% and 2.4%, respectively, indicating a sequential growth in operations. Qisda held an online conference on 7th August to explain the second quarter fiscal 2024 operational results and the outlook. As the second half of the year ushers in the traditional peak season, the global economic is gradually improving. The display products for commercial market are expected to increase gradually. However, the broader economic environment remains subject to key indicators such as the U.S. presidential election and the timing of interest rate cuts. Qisda's Chairman, Peter Chen, expressed optimism about the medical business, which has consistently maintained a scale of NT$6 billion per quarter for five consecutive quarters. Growth has been sustained across hospitals, medical equipment, and pharmaceutical distribution businesses. This year, Qisda is actively promoting the listing of BenQ Medical Center in the capital market to secure more ample market funds and accelerate the growth momentum of the hospital, thereby driving Qisda's overall growth. Qisda’s President, Joe Huang, stated that the group continues to focus on efficiency and invest in new businesses. Recently, DFI and Ace Pillar invested in TRANSPAK to create smart packaging solutions and enhance distribution network for Europe and the US. Looking ahead, Qisda will persist in pursuing opportunities for organic growth and acquisitions across its various business sectors. In terms of Q2 performance in each business group, the IT_Original business revenue reached a QoQ increase of 9%, with gross margin, operating margin and operating income growing QoQ and YoY as well. Medical business revenue increased by 9%, with gross margin and operating income growing QoQ and YoY. NCG business revenue QoQ increased by 10%, BSG business revenue QoQ decreased by 1%, with operating margin and operating income declined QoQ and YoY. Qisda 2024 Q2 Financial Report Highlights: Revenue: NTD 49.9 billion, down by 4% YoY, up by 6% QoQ. Gross Profit: NTD 8.319 billion, down by 2% YoY, up by 11% QoQ. Gross Margin: 16.7%, an increase of 0.4 percentage points year-on-year and 0.7 percentage points quarter-on-quarter, exceeding 16% for five consecutive quarters and setting a 20-year high. Operating Income: NTD 1.185 billion, down by 18% YoY, up by 28% QoQ. Operating Income Margin: 2.4%, down by 0.4 percentage points year-on-year, up by 0.4 percentage points quarter-on-quarter, continuous growth for two consecutive quarters. Net Income: NTD 0.806 billion, a decrease of 47% YoY, an increase of 104% quarter-on-quarter. Net Income Attributable to Qisda: NTD 0.663 billion, down by 35% year-on-year, up by 158% quarter-on-quarter. Earnings Per Share (EPS): NTD 0.34. Earnings Per Share (EPS) for the first half: NTD 0.47.
2024.08.07
News Release
2024.08.06
Qisda Announces Financial Results for Second Quarter Fiscal 2024
August 06, 2024 The gross margin reached 16.7%, surpassing 16% for five consecutive quarters. Qisda (TWSE: 2352) today announces its second quarter fiscal 2024 financial results. Due to the ongoing optimization of the product portfolio, the gross margin reached 16.7%, surpassing 16% for five consecutive quarters and setting a 20-year high. The operating income margin was 2.4%, risen for two consecutive quarters, with earnings per share (EPS) of NTD 0.34 in the second quarter, and a total EPS of NTD 0.47 for the first half of the year. Qisda will hold an investor conference on 7th August to explain the results of the second quarter and the outlook. Qisda's second quarter revenue and profits grew QoQ. In the second quarter, Qisda's consolidated revenue reached NTD 49.9 billion, representing QoQ increase of 6%. The gross profit was NTD 8.319 billion with a QoQ increase of 11%, and the gross margin reached 16.7%, exceeding 16% for five consecutive quarters. The operating income was NTD 1.185 billion with a QoQ increase of 28%. The net income attributable to Qisda was NTD 0.663 billion with a QoQ increase of 158%, and earnings per share (EPS) of NTD 0.34.
2024.08.06
Monthly Revenues
2024.08.05
Qisda Announces Consolidated Revenue for July
TAOYUAN, TAIWAN, August 5, 2024 – Qisda Corporation today announced consolidated revenue of NT$16.3 billion for the month of July 2024, representing MoM decrease of 6.6% and YoY increase of 2.4%. The accumulated revenue of 2024 was NT$113.1 billion, representing YoY decrease of 4.6%.
2024.08.05