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Asustek posts record profit in 2020

Sumary of Asustek posts record profit in 2020:

  • Asustek Computer saw its net profits jump 119% on year to a record high of NT$26.56 billion (US$938 million) in 2020, thanks to pandemic-driven demand…
  • Asustek’s consolidated revenues from the brand business reached NT$113.71 billion in the fourth quarter of 2020, down 4.93% sequentially, but up 27.35% on year, while net profits came to NT$9.85 billion, down 6.29% sequentially, but up 273.13% on year…
  • For whole-year 2020, consolidated revenues from Asustek’s brand business were NT$382.44 billion, up 15% on year with gross margin at 17.18%, up 3.74pp on year…
  • The company had non-operating profits of NT$8.34 billion and an income of NT$3.22 billion from currency exchanges….

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