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Zhen Ding Tech. Group

07Aug 2023

July 2023 Monthly Revenue Report

Zhen Ding Technology Holding Limited (Ticker: 4958), a leading global PCB manufacturer, today reported July 2023 revenue of NT$10,308 million, up 26.84% MoM and down 21.87% YoY. For January through July 2023, cumulative revenue reached NT$65,390 million, down 19.91% YoY.

According to Zhen Ding, as the industry has entered the traditional peak season in the second half of the year and customers have started preparing for the inventories of new products, July revenue showed a significant monthly increase. Among all product applications, Computers & Consumer Electronics and Mobile Communication have delivered the highest MoM increases in July, and IC substrate has also achieved MoM and YoY growth for two consecutive months. Overall, the company’s operation is expected to experience a moderate recovery in the second half of this year.

Zhen Ding will hold its 2Q23 earnings call at 3:00pm Taipei Time on August 9
th (Wednesday). The call will be providing details about Zhen Ding’s operating results and future outlook. Please fill in the online registration form and the meeting link will be sent via email. Download as PDF