Hon Hai Precision Industry Co., Ltd. Unaudited Consolidated Monthly Revenue Report for August 2023
The Company reported unaudited consolidated revenue of NT$ 412.8 billion for August 2023, down 12.02% MoM and 8.03% YoY.
Cumulative revenue in the first eight months of 2023 was NT$ 3,647.5 billion, down 5.08% YoY. It was the second highest for the same period (first eight months of 2022 ranked the highest with NT$ 3,842.6 billion).
In August 2023, revenue was NT$ 412.8 billion, down 12.02% MoM.
Revenue in Components and Other Products showed double-digit growth, while Computing Products and Cloud and Networking Products were flattish. Smart Consumer Electronics declined MoM.
Performance detailed by each product segment as below: (1) Components and Other Products: Revenue in August delivered significant growth MoM on the back of increasing Smart Consumer Electronics related components shipment. (2) Computing Products: Despite a PC market slowdown, revenue in August was roughly flattish on back-to-school demand increase. (3) Cloud and Networking Products: Revenue in August was flattish MoM. (4) Smart Consumer Electronics Products: Due to customers’ increasing pull-in in July, revenue in August declined MoM on high base.