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TAIPEI, Taiwan, August 8, 2024 –Sporton International Inc. (“Sporton”, Taipei Stock Exchange: 6146 TT), announced FY2024 2Q financial results and monthly revenue for July 2024. Sporton reported consolidated revenue of NT$1.151 billion for the 2Q of 2024, with a consolidated gross margin of 50%. The consolidated pre-tax income was NT$450 million, with net income attributable to the parent amounting to NT$340 million, and the earnings per share (EPS) was NT$3.34. The cumulative consolidated revenue for the first two quarters of 2024 reached NT$2.295 billion, with a cumulative consolidated gross margin of 49%. The consolidated pre-tax income was NT$875 million, and the net income attributable to the parent company was NT$678 million, leading to an EPS of NT$6.66.
The consolidated revenue for July 2024 was NT$374 million, representing a decrease of 5.29% compared to the same period last year. The cumulative consolidated revenue from January to July 2024 amounts to $2.669 billion(-7.21%YoY).
Looking ahead to the second half of this year, Sporton stated that, in response to price competition in the China market, the Company will focus on high-end models, high gross-margin projects, and large orders to strengthen services for major clients. Sporton will continue to expand its market share in 3GPP R1/NTN LEO satellite, Wi-Fi 7, and Wi-Fi 6SD FCC PIA testing technology advantages, maintaining its competitive edge in the high-end communication and network communication sectors.
Y2024 Q2 Financial Results:
NTD’000;%
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2024/2Q
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2023/2Q
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YOY
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2024/1H
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YOY
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Consolidated Revenue (NT$K)
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1,150,987
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1,190,863
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-3.35%
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2,294,739
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-7.51%
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Net Income Attributable to the Parent Company (NT$K)
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340,036
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372,431
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-8.70%
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678,266
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-12.22%
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EPS ($)
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3.34
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3.66
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-8.74%
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6.66
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-12.25%
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Sporton Consolidated Sales Report:
NTD’000;%
Year
Period
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2024
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2023
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YoY
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July
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374,320
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395,211
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-5.29%
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Jan. to July
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2,669,059
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2,876,386
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-7.21%
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For more information, please refer to the following contact ways:
Official website : http://www.sporton.com.tw/english/investors/
Sporton’s Spokesperson: David Chou
Tel:(02)2696-2468
Email: DavidChou@sporton.com.tw
IR Trust Vice President: Vicky
Tel: (02)2585-5701
Email: vicky@ir-trust.tw
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