Group Electric’s June Revenue Up by 10.9%, Achieving New Monthly Record

Reported about 1 year ago

Group Electric’s June revenue surpassed 3 billion NT dollars, marking a 10.9% increase compared to the previous month, and achieving a new monthly high. The company's second-quarter revenue reached 8.898 billion NT dollars, a 10.6% increase from the previous quarter but a 4.0% decrease compared to the same period last year. Despite a 3.5% year-on-year revenue decline for the first half of the year, Group Electric remains optimistic about its performance in the second half, especially with the launch of high-end laptops, AI servers, and new gaming machine power supplies. The company is targeting a return to annual revenue growth in the third quarter and anticipates the release of RTX 50 series laptops next spring, addressing subdued demand in the gaming laptop market during the challenging 618 sales period.

Source: YAHOO

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