Pegatron Technology has announced revenues of NT$949.75 billion (US$31.09 billion) for 2013, up 7.8% on year with net profits reaching NT$14.25 billion, up 37.8%. and net earnings per share (EPS) amounting to NT$4.16.
Thanks to its comprehensive product lineups as well as improved efficiency, the company was able to achieve a strong profit growth in 2013. In the future, the company will mainly focus on expanding its profitability as its revenues have already reached a substantial level, according to company CEO Jason Cheng.
In the fourth quarter of 2013, computing, communication and consumer products contributed 37%, 33% and 30% of the company's revenues, respectively, and the percentages are expected to become 32-35%, 30% and 35-38% in 2014, Cheng noted.
Pegatron's 2014 capex will be around US$250 million with US$100-150 million to be used on non-manufacturing businesses, said company CFO Charles Lin. Most of the spending will be focused on retiring old equipment sets and establishing automated production lines. |