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BackTransformation is successful, Central's EPS in the first three quarters reached 2.17 yuan
Transformation is successful, Central's EPS in the first three quarters reached 2.17 yuan
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自由时报21 minutes agoBusiness1 min readChinaView original

Transformation is successful, Central's EPS in the first three quarters reached 2.17 yuan

Central's third quarter financial report was released. Benefiting from the growth of its core business and the strategic benefits of S'n'P, the after-tax earnings per share in the first three quarters reached 2.17 yuan.

Quick Look

  • Central announced its financial results for the first three quarters, with revenue reaching 6.17 billion yuan, an annual growth of 17%, net profit after tax of 2.327 billion yuan, and EPS reaching 2.17 yuan.
  • The group said that its transformation has been successful, and the benefits of its dual-spindle strategy of storage and power are gradually emerging.

AI-generated summary

Why It Matters

Central has promoted operational transformation in recent years, with storage and power supply as its two main development axes.

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The transformation is successful! Central's EPS in the first three quarters reached 2.17 yuan. (Photo by reporter Zhang Huiwen)

[Reporter Zhang Huiwen/Taipei Report] Central (2323) passed its third quarter financial report today, benefiting from the continued growth of its core business and S'n'P (Storage & Power) strategic benefits are gradually emerging. The group's revenue in the first three quarters reached 6.17 billion yuan, an annual growth of 17%, net profit after tax was 2.327 billion yuan, and after-tax earnings per share (EPS) was 2.17 yuan. Zhonghuan said that operating profits increased significantly in the third quarter, showing the results of product portfolio optimization and brand channel operations, which are gradually reflected in the profit performance of the industry.

Zhonghuan pointed out that in recent years, it has continued to promote operational transformation, focusing on storage and power as the two main development axes. Through Verbatim brand management and global channel layout, it has expanded its product line and enhanced the value of its product portfolio. In terms of storage business, in addition to the existing optical storage products, we continue to deploy Flash storage, solid-state drives (SSD) and external storage devices to meet the diverse needs of personal consumption, digital content creation and data backup. Among them, the Flash storage product business continues to grow strongly and has become an important driving force for the increase in the group's revenue and operating profits.

In terms of power supply business, in response to the power demand of mobile devices and digital life, Zhonghuan continues to expand its product layout such as mobile power supplies and gallium nitride (GaN) chargers, and strengthens the operating foundation of dual-spindle storage and power supply. The monthly revenue in September and October reached 860 million yuan and 843 million yuan respectively, exceeding 800 million yuan for two consecutive months, ranking the highest and second-highest monthly revenue records in the past five years, reflecting the effectiveness of related product business promotion.

Open Questions

  • Can fourth-quarter revenue continue the single-month highs of the previous two months?

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This article was originally published by 自由时报.

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