Zhen Ding Technology Holding Limited (Ticker: 4958), a leading global PCB manufacturer, today reported March 2024 revenue of NT$11,093 million, up 21.68% YoY and up 28.36% MoM. For the first quarter of 2024, cumulative revenue reached NT$32,510 million, up 3.06% YoY.

According to Zhen Ding, the company delivered a robust revenue performance in March. Among its four major product applications, revenue for Mobile Communication, Computers and Consumer Electronics, and Automotive/Server/Base Station all achieved double-digit YoY growth, and IC Substrates delivered triple-digit YoY growth, reaching a record high for a single month. For the first quarter of 2024, revenue for Computers and
Consumer Electronics and Automotive/Server/Base Station reached double-digit YoY growth, and IC substrates delivered triple-digit YoY growth, marking a record high for a single quarter.

Overall, Zhen Ding continues to be optimistic about the growth of IC substrates, automotive, and server this year. It expects to achieve a moderate revenue growth in 2024, with accelerated growth in 2025. Download as PDF