Holy Stone Enterprise Co., Ltd. (Holy Stone) (TWSE: 3026), today announced its first-quarter result of 2023. Consolidated revenue totaled NT$3.52 billion, gross profit was NT$696 million, gross profit margin comes to 19.8%, net operating income was NT$329 million; profit before tax totaled NT$440 million, up 89% QoQ and down 27% YoY; net profit was NT$342 million; net profit attribution to parent company totaled NT$373 million, up 94% QoQ and down 24% YoY. Basic earnings per share for the first quarter totaled NT$2.36.
Distinguishing Q1 revenue by main product lines are listed in the following: Passive components at 37%, Active Components at 25%, Systems & Module at 18%, and Others at 20%.
Looking forward to second quarter, the overall economic environment is experiencing significant changes, characterized by market and customer demand uncertainty. Holy Stone will adopt a cautious approach, maintaining a strong focus on the production and sales of niche products; intensifying our efforts to cultivate existing niche markets while simultaneously exploring opportunities in emerging application domains, aiming to enhance the overall operational efficiency of the company.
Holy Stone Enterprise Co. Ltd. published this content on 10 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 May 2023 08:46:04 UTC.
Holy Stone Enterprise Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and sales of capacitors, integrated circuits (ICs), system modules and other electronic components. The Company's main products include active components, passive components, system components and capacitors, ICs, microcontrollers, fan motors, filters and batteries. The Company mainly conducts its business in Mainland China, Taiwan and American markets.
HOLY STONE ENTERPRISE CO.,LTD. 
