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Zhen Ding Tech. Group

07Jul 2023

June 2023 Monthly Revenue Report

Zhen Ding Technology Holding Limited (Ticker: 4958), a leading global PCB manufacturer, today reported June 2023 revenue of NT$8,127 million, down 1.74% MoM and down 35.70% YoY. Revenue for the second quarter of 2023 was NT$23,537 million, down 25.39% QoQ and down 31.84% YoY. For the first half of 2023, cumulative revenue was NT$55,082 million, down 19.53% YoY.

According to Zhen Ding, June revenue slightly decreased compared to the previous month, mainly due to the impact of customer product transitions for mobile phones. However, in terms of product applications, revenue for Computers and Consumer Electronics, IC Substrate, and Automotive Radar/Base Station/Server all delivered double-digit growth compared to the previous month. As the industry enters the traditional peak season in the third quarter and customers start to prepare for the inventories of new products, Zhen Ding expects a moderate recovery in its operations in the second half of this year. Download as PDF