Foxconn Reports Unaudited Revenue of NT$629.3 Billion for December, up 14.20% MoM, down 12.3% YoY

The Company reported unaudited consolidated revenue of NT$ 629.3 billion for December 2022, up 14.20% MoM but down 12.3% YoY.

Revenue in December was the third highest for the same period, which was better than expected for the company. (December 2021 and December 2020 ranked 1st and 2nd highest with NT$ 7,176 billion and NT$ 7,138 billion, respectively).

Revenue in the fourth quarter of 2022 was NT$ 1,957.0 billion, up 12.06% QoQ and 3.54% YoY. Revenue hit 2nd highest for the same period, which was better than expected compared to market consensus and for the company.

Cumulative revenue in year 2022 was NT$ 6,621.9 billion, up 10.47% YoY to a fresh record high, which was better than expected compared to market consensus and for the company

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