Hon Hai Precision Industry Co., Ltd. Releases Unaudited Consolidated Monthly Revenue Report for March 2023

SOURCE: Hon Hai

The Company reported unaudited consolidated revenue of NT$ 400.3 billion for March 2023, down 0.43% MoM and 21.11% YoY. Revenue in March was the third highest for the same period, (March 2022 and 2021 ranked the highest and the second highest with NT$ 507.4 billion and NT$ 441.2 billion, respectively) and in line with expectation.

Cumulative revenue in the first quarter of 2023 was NT$ 1,462.7 billion, down 25.26% QoQ, but up 3.87% YoY to a fresh record high for the same period (first quarter of 2022 ranked second highest with NT$ 1,408.2 billion). It is also in line with the outlook disclosed in the earnings conference.

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