PR98961

TAIPEI, Nov. 23, 2022 /PRNewswire=KYODO JBN/ --

DFI, the world's leading brand in embedded motherboards and industrial

computers, hosted an online investor conference in November, announcing that

consolidated revenue for the third quarter of 2022 was NT$4.093 billion. Net

profit after tax attributable to the parent company was NT$194 million, and

earnings per share (EPS) were NT$1.69. DFI's third quarter figures increased

due to inventory reduction and precise market demands.

As the production capacity of new plants increases and improvements to

logistics and transportation improve material shortages, DFI's overall order

delivery rate is improving. These results are reflected in revenue, profits,

and EPS performance. DFI's third-quarter consolidated revenue was NT$4.093

billion, up 6% QoQ and 9% YoY. The gross operating profit was NT$893 million,

the gross margin was 21.82%, and the operating profit rate was 5.42%, which

increased compared to the previous quarter and the same period last year.

In terms of the financial performance of the first three quarters, DFI's

revenue and gross operating profit experienced double-digit growth. Total

consolidated revenue was NT$11.843 billion, an annual increase of 31%, and

gross operating profit was NT$2.389 billion, a yearly increase of 27.89%. Net

profit after tax and profit attributable to the parent company were NT$461

million and NT$393 million, respectively. The cumulative EPS of the first three

quarters was NT$3.43, showing growth compared to the same period of the

previous year.

Vice Chairman of DFI, Michael Lee, stated that although the company will face

inventory adjustments, overall economic uncertainty, and other market changes

in the first half of next year, the needs for new infrastructure in various

markets are clear. Therefore, besides carefully responding to external risks in

advance, DFI will conduct localized deployments worldwide to meet customer

needs.

Alexander Su, President of DFI, stated B/B ratio of DFI's embedded system

business in the third quarter was 1.3. Overall, order delivery has been

affected by global inflation and economic downturns. However, the external

environment has limited impact on the B/B ratio. DFI has implemented inventory

controls in the face of pressure for general inventory adjustments in the

industry. Inventory levels are expected to be adjusted quarterly until

returning to normal.

With the trend of digital transformations among corporations, DFI will utilize

three major operating strategies of "new smart factories," "AIoT product

lines," and "flexible and stable supply chain deployments" to create the

greatest value for customers.

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Contact: dfimarcom@dfi.com

Source: DFI Inc.