Reported about 1 year ago
Trade-Van (3665) experienced a slight decline in overall shipments in June compared to the previous month due to a slowdown in the mass consumer market but is showing signs of revenue recovery as inventory adjustments near completion. Analysts anticipate Trade-Van's third-quarter performance to surpass the second quarter with the second half of the year likely to outperform the first half, aiming for a single-digit revenue growth for the year. The company's successful entry into NVIDIA's GB200 AI server supply chain is expected to boost its operations in the second half of the year, with some products being exclusive suppliers. The growth momentum is particularly driven by high-performance computing (HPC) demands, projected to contribute over 20% of revenue by year-end, becoming a key growth driver for Trade-Van this year.
Source: YAHOO