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News Release

2024-03-05

Qisda Announces Financial Results for Fiscal 2023

March 05, 2024

 

The accumulated earnings per share (EPS) for fiscal 2023 is NTD 1.51

Cash dividend is NTD 1.2 per share

 

Qisda (TWSE: 2352) today announces its fiscal 2023 financial results, reporting an earnings per share (EPS) of NTD 1.51 and a cash dividend of NTD 1.2 per share. Benefited from the successful ventures in high-value-added (HVA) businesses such as medical, the HVA revenue has exceeded 100 billion for two consecutive years, and the overall gross margin reached 16.2%, marking a new high in 20 years.

 

Qisda will hold an investor conference on March 6 to explain the results of fiscal 2023 and the future outlook. A cash dividend of NTD 1.2 per share is expected to be distributed, with a dividend payout ratio of approximately 79%. 

 

Qisda also decided to hold the annual general shareholders' meeting on 29th May.

 

Qisda's 2023 consolidated revenue was NTD 203.6 billion, a decrease of 15% from the previous year, and operating income was NTD 5.011 billion, a decrease of 14% from last year, which were mainly affected by the decline in demand for IT products. The net income attributable to Qisda was NTD 2.976 billion, down by NTD 5.3 billion from last year, mainly due to the disposal of 100% shares of BenQ (Hong Kong) Limited in 2022 with a gain of approximately NTD 5.3 billion.  

 

Benefited from the expansion into HVA businesses such as medical, Qisda's gross margin continued to grow and reached 16.2% in 2023, up by 1.8 percentage points from last year and setting a 20-year high record. For two consecutive years, the HVA revenue of NTD 101.2 billion exceeded 100 billion, accounts for 50% of the total annual revenue.


Qisda's consolidated revenue for fiscal 2023 was NTD 203.6 billion, with a gross profit of NTD 33.08 billion, operating income of NTD 5.011 billion, net income of NTD 4.516 billion, net income attributable to Qisda of NTD 2.976 billion, and earnings per share (EPS) of NTD 1.51.