Hon Hai's third-quarter net profit of NT$38.8 billion increased by 16% month-on-month

At today's legal meeting, Hon Hai announced its third-quarter financial report for 2022. In the third quarter, Hon Hai's net profit after tax was NT$38.759 billion, a quarter-on-quarter increase of 16% and an annual increase of 5%, a new high for the same period. In the third quarter, after-tax net income per share (EPS) was NT$2.80, compared with the same period last year. It is NT$2.67.

The gross profit margin of Hon Hai in the third quarter of 2022 was 6.16%, a decrease of 0.24 percentage points from the previous quarter and a decrease of 0.14 percentage points from the same period last year. The operating interest rate in the third quarter was 2.78%, a decrease of 0.16% from the previous quarter, but an increase of 0.21% year-on-year.

In the third quarter, Hon Hai's net profit margin was 2.22%, a decrease of 0.1 percentage points from the previous quarter and a decrease of 0.41 percentage points from the same period last year.

Looking forward to the fourth quarter, Hon Hai said that its operations in Q4 will increase compared to the third quarter and remain flat compared to the same period last year. As for 2022, it will maintain a growth outlook compared to last year. Hon Hai said. The epidemic situation at the Foxconn factory in Zhengzhou is under control, and production capacity is gradually being restored.

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