Apple's iPhone 14 OEM Pegatron's third-quarter revenue was NT$352.867 billion

Pegatron, the iPhone 14 foundry, today announced its financial report for the third quarter of 2022. Data shows that Pegatron’s consolidated revenue in the third quarter of this year was approximately NT$352.867 billion, an increase of 24.4% month-on-month and a year-on-year increase of 9.3%, mainly due to the better shipment demand for information products and communication products.

During the reporting period, Pegatron achieved an after-tax net profit attributable to the parent company of approximately NT$5.265 billion (approximately RMB 1.2 billion), a month-on-month increase of 69%, and a year-on-year increase of 97.3%; an operating profit was NT$7.632 billion, It increased by 16.5% month-on-month and 82.8% year-on-year; non-industry revenue was NT$1.239 billion (about 282 million yuan), an increase of 4.2 times month-on-month and a year-on-year increase of 95.1%.

Profit margin: Pegatron's gross profit margin in the third quarter of this year was 4.6%, a decrease of 0.5 percentage points from the previous quarter and a year-on-year increase of 1 percentage point; the operating profit rate was 2.2%, a decrease of 0.1 percentage point from the previous quarter and a year-on-year increase of 0.9 percentage points.

Pegatron said that benefiting from better shipment demand, the revenue of information products and communication products in the third quarter of this year increased by 4% and 41% respectively from the previous quarter. The quarter was flat.

Compared with the same period last year, Pegatron’s revenue from consumer electronics and communication products in the third quarter of this year increased by 18% and 8% year-on-year respectively; information products were affected by weaker terminal demand, and revenue in the third quarter decreased by 7% year-on-year.

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