China Southern Electric’s revenue in September increased by 57.82% year-on-year. Foreign investors are optimistic about the price trend of ABF and BT carrier boards.

IC carrier board China Southern Electric (8046) announced today that its consolidated revenue in September was 5.586 billion yuan, a monthly increase of 4.36%, and an annual increase of 57.82%. In the third quarter, consolidated revenue was 16.378 billion yuan, a quarterly increase of 20.64%, and an annual increase of 49.34%. The cumulative consolidated revenue for the first nine months of this year was 41.130 billion yuan, an annual increase of 41.79%. As the demand for AI continues to be strong, foreign legal persons estimate that the prices of China Southern Electric's ABF carrier boards and BT carrier boards will show a favorable trend in the fourth quarter. The possibility of further increases in BT carrier board prices in the next few quarters cannot be ruled out. As for ABF carrier boards, it is expected to maintain a quarterly increase of 10-15% from the fourth quarter to the fourth quarter of next year.

China Southern Electric announced its self-reported profits and losses yesterday. The pre-tax net profit in August was 1.486 billion yuan, an annual increase of 732.81%. The after-tax net profit was 1.092 billion yuan, an annual increase of 664.93%. The single-month after-tax earnings per share was 1.69 yuan. The after-tax earnings per share in August had reached 48.28% of the second quarter.

American foreign investors estimate that with the overflow of orders for AMD (Super Micro) server CPUs, China Southern Electric has recently received new orders related to AMD server CPU carrier boards. Currently, Shulin Factory is undergoing relevant product certification. AMD server CPU business revenue may account for more than 20% next year.