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Wiwynn Reports First Quarter 2023 Financial Results

Wiwynn Reports First Quarter 2023 Financial Results

Following the Board of Directors meeting today (May 8), Wiwynn Corporation announced consolidated revenue achieved NT$74.226 billion, increased by 46.4% year-over-year. Operating profit of NT$4.481 billion, profit before tax (PBT) of NT$4.164 billion, profit after tax (PAT) of NT$3.298 billion, and basic earnings per share (EPS) of NT$18.86 for the first quarter ended March 31, 2023. Benefit from supply chain shortage issue is solved, the Company achieved first quarter record highs for consolidated revenue and profits, and the inventory days reached the lowest level in two years.

Year-over-year, gross margin increased by 0.6 ppt to 8.3%, operating margin increased by 0.3ppt to 6.0%. Due to the impact of exchange loss and interest rate raise, PAT margin decreased by 0.2ppt to 4.4% year-over-year. Gross margin and operating margin achieved first quarter record highs.

Considering the continuous recession, the Company cautiously follow, and timely adjust our response to the economic impacts and uncertainties. Looking forward, long term demand for cloud industry and AI servers is still growing, the Company will continue investing the data center technology.

Recap of Wiwynn Techday 2023: Empower AI with Wiwynn

Recap of Wiwynn Techday 2023: Empower AI with Wiwynn

The highly anticipated Wiwynn Techday 2023, brought together esteemed guests, partners, investors, and media friends under one roof. Held from May 31...

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Wiwynn Corporation 2023 Annual Shareholders’ Meeting

Wiwynn Corporation 2023 Annual Shareholders’ Meeting

Taipei, May 29, 2023 – Wiwynn Corporation (hereinafter, “the Company”, TWSE Stock code: 6669) today held its 2023 Annual Shareholders’ Meeting at...

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Wiwynn Reports First Quarter 2023 Financial Results

Wiwynn Reports First Quarter 2023 Financial Results

Following the Board of Directors meeting today (May 8), Wiwynn Corporation announced consolidated revenue achieved NT$74.226 billion, increased by...

Read More