Reported about 1 year ago
On July 6, 2024, Taiwan's electronic industry giant Hon Hai (2317) announced a consolidated revenue of 490.725 billion in June 2024, a 10.8% decrease from the previous month but a 16.07% increase year-on-year. With accumulated revenue of 2.8739 trillion in the first six months of 2024, showing a 3.92% year-on-year growth, Hon Hai anticipates an improving business performance in the second half of the year. Netizens commented on the figures, indicating that the significant revenue growth was notable compared to the same period last year. Hon Hai attributed the strong month-on-month performance in cloud networking products to increased demand for AI cloud products. Conversely, computer terminal products and consumer smart products showed a decline in their monthly performance. Looking ahead to the third quarter, Hon Hai expects a seasonally and yearly positive performance.
Source: YAHOO