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.