By Ted Chen, The China Post
TAIPEI, Taiwan — Asustek (華碩) announced yesterday that cumulative earnings per share for 2012 hit an unprecedented high of NT$29.7. For the fourth quarter of 2012, the company’s revenues reached NT$116.6 billion, up 5 percent quarter-on-quarter, with a profit margin of 13.5 percent, up 0.5 percent from previous, the firm said at its investors’ conference.
For 2012, the company’s revenues reached NT$413.145 billion, up 18 percent year-on-year, with profit margin at 13.6 percent, down 0.2 percent from the previous.
For this year, the company set its target for tablet computers and laptop computers at 12 and 24 million units respectively, and hopes to take the runner-up position for command of the tablet computer market, trailing just behind Apple. However, due to the cyclical factors and consumers’ uncertainty about migrating to the new Windows 8 operating system, sales are expected to dip 10 to 20 percent in the first quarter, with the company expressing a conservative outlook for the first half of the year.
In the highly competitive handset market, the company expects its Padfone to reach sales of 1 million units this year.
Shares of the company gained NT$9.5, and closed at NT$377 at the end of yesterday’s session.
Meanwhile, Pegatron (和碩), a manufacturing unit spun off from Asustek, yesterday reported its consolidated earnings of NT$881.895 billion for 2012, representing year-on-year growth of 47 percent, with net income of NT$6.104 billion, and earnings per share of NT$2.71. The company reported that it is adjusting its product line of consumer electronics, telecommunications, and computer products to a more even distribution of 30 percent each, for the purposes of diversification, and risk hedging. The company is also poised to benefit from a number of high-profile products to be released this year, including a new handset and tablet computer from Apple, and a new video game console from Sony, according to industry observers.
Shares of the company gained NT$1.45, and closed at NT$42.35 at the end of yesterday’s session.