Hon Hai's Single-Month Nov. Revenue Breaks NT$500 Bn. First Time
2014/12/15 | By Steve ChuangDue to the hot-selling iPhone 6 series, Hon Hai Precision Industry Co., Ltd., world's biggest EMS (electronics manufacturing service) firm by size and the major iPhone contract supplier, saw its single-month consolidated revenue break the NT$500 billion (US$16.67 billion) mark for the first time, to NT$514.7 billion (US$17.15 billion) in November, according to its latest financial report.
The encouraging revenue result represents a 10% growth compared to October, or nearly 13% over last November, to which Hon Hai attributes largely strong shipments of tablets and smartphones.
For the first 11 months of this year, its consolidated revenue totaled NT$3.7 trillion (US$123.33 billion), up 6.8% year-on-year and including NT$983.8 billion (US$32.79 billion) scored October to November.
With iPhone 6 still reportedly popular and achieving cult status globally, institutional investors generally believe the company's total revenue for Q4 to near NT$1.5 trillion (US$50 billion), surging 55% from Q3.
Hence Hon Hai is expected to finish 2014 with consolidated revenue of around NT$4.2 trillion (US$140 billion), up 7.6% from 2013 to maintain the strong growth momentum through Q1, 2015. (SC)
| Hon Hai's Jan.-Nov. Revenue | ||
| Month
| Consolidated Revenue
| YoY Growth Rate
|
| Jan.
| NT$314.551 Bn.
| 0.33%
|
| Feb.
| NT$260.625 Bn.
| 10.88%
|
| Mar.
| NT$307.819 Bn.
| 18.22%
|
| Apr.
| NT$294.441 Bn.
| 0.92%
|
| May
| NT$267.966 Bn.
| - 10.82%
|
| Jun.
| NT$316.993 Bn.
| 4.06%
|
| Jul.
| NT$260.217 Bn.
| - 13.33%
|
| Aug.
| NT$275.084 Bn.
| - 1.91%
|
| Sept.
| NT$415.412 Bn.
| 22.95%
|
| Oct.
| NT$468.999 Bn.
| 22.58%
|
| Nov.
| NT$514.793 Bn.
| 12.8%
|