News - Wiwynn

Wiwynn Reports Fourth Quarter 2024 Unaudited Financial Results

Written by Press | Jan 8, 2025 6:21:40 AM

Today (January 8), Wiwynn Corporation announced unaudited consolidated revenue at NT$115.614 billion, increased by 97.5% year-over-year. Operating profit of NT$10.874 billion, profit before tax (PBT) of NT$8.782 billion, profit after tax (PAT) of NT$7.047 billion for the fourth quarter ended December 31, 2024. Year-over-year, gross margin decreased by 1.6 ppt to 9.4%, operating margin decreased by 0.9 ppt to 7.0%, and PAT margin increased by 0.1 ppt to 6.1%. Basic earnings per share (EPS) was NT$37.92, higher than NT$20.10 in the same period of 2023. Due to the strong demand of general and AI server, unaudited consolidated revenue, profits and EPS all achieved record highs in the fourth quarter 2024.

 In the fiscal year 2024, unaudited consolidated revenue achieved NT$360.541 billion, increased by 49.0% year-over-year. Year-over-year, gross margin increased by 1.0 ppt to 10.4%, operating margin increased by 1.2 ppt to 7.8%. PAT was NT$22.776 billion, PAT margin increased by 1.3 ppt to 6.3% year-over-year. EPS was NT$126.57. Unaudited consolidated revenue, profits and EPS all achieved record highs in the fiscal year 2024.

The Company is optimistic about data center long-term market demand and growth, and is committed to continuous investments to deepen AI, computing, thermal, and related technologies and product development. The Company also closely observes and evaluates political and economic dynamics and customer demand to adjust the global capacity allocation in response.