Uchihigh Optimistic about Growth in Three Businesses in the Second Half of the Year

Reported 3 months ago

He Yingwei/Taipei reported on July 17, 2024, at 4:10 pm, Uchihigh Technology (6123) announced its second-quarter financial report. The revenue for the second quarter was NT$1.288 billion, a year-on-year increase of 9%, with a quarterly net profit after tax of NT$55 million, a decrease of 19% year-on-year, and an earnings per share after tax of NT$0.89. Looking ahead to the second half of 2024, Uchihigh Technology is optimistic about the growth potential of its subsidiary Xinqi Cloud in cloud services, anticipating increased IT investments due to improved corporate sentiment, which will drive positive growth momentum for its printing business and enterprise services. The accumulated revenue for the first half of 2024 was NT$2.592 billion, a year-on-year increase of 7.08%. The net profit after tax for the first half of the year was NT$107 million, a decrease of 17.6% year-on-year, with earnings per share after tax of NT$1.74, lower than NT$2.10 in the same period last year.

Source: YAHOO

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