Reported about 1 year ago
Foxconn (2317) announced its revenue today, with first-half revenue at 2.87 trillion, the second-highest in the same period in history, and second-quarter revenue reaching 1.55 trillion, setting a new high for the same period in history, both showing strong growth and surpassing expectations. In June, Foxconn's revenue was 490.7 billion, down 10.80% month-on-month but up 16.07% year-on-year, reaching the second-highest for the same period; second-quarter revenue was 1.55 trillion, up 17.37% quarterly and 19.12% annually, setting a new high for the same period in history; the overall first-half revenue was 2.87 trillion, up 3.92% year-on-year, ranking the second-highest for the same period in history. Foxconn stated that the second-quarter performance exceeded expectations, and with the current peak season of the second half of the year, operations will gradually heat up, expecting a strong performance with quarterly and annual growth in the third quarter. Benefiting from strong demand for AI servers, Foxconn expects growth in the 'cloud network' product category both quarter-on-quarter and year-on-year. This demonstrates that the company still holds growth opportunities for existing server products and continues to expand market share. Looking ahead to the next quarter, even after setting a new historical high in the second quarter, the company still expects to achieve quarterly and annual growth in the third quarter.
Source: YAHOO