Foxconn Technology Group announced that the net profit of the third quarter has increased, and some of them benefit from the increase in profit margins, although the income from consumer electronics and cloud and network equipment has declined.
The Wall Street Journal reports that the headquarters in Taiwan and the official name of Hon Hai Precision Industry Co., Ltd., which is officially named Hon Hai Precision Industry Co., Ltd. on Tuesday (November 14), said that in three on September 30In the month, net profit increased by 11%year -on -year to 43.13 billion yuan (NT $, the same below, about 1.81 billion yuan).This is better than 34.89 billion yuan in the investigation of analysts by the S & P Global Market.
Due to the softening of personal computers and clouds and network products, and the high base for consumer electronics products, the company's third quarter revenue decreased by 12%compared with the same period of the previous year to 1543 trillion yuan.
The electronic product manufacturer said that the operating profit margin of the third quarter increased from 2.37%in the previous fiscal quarter and 2.78%in the same period last year to 2.99%.
Foxconn, known for assembling Apple's mobile phone iPhone, said that the performance of the consumer electronics business in the fourth fourth quarter will be better than the third fiscal quarter, but it may still be worse than the fourth fiscal year of the previous fiscal year.season.
Foxconn has said that revenue in October has fallen by 4.6%to 741.2 billion yuan, and it is soft due to cloud and online products and personal computers.