On November 13th, PEGATRON announced its financial report, which showed a net profit of 4.296 billion yuan in the third quarter of 2024 (the same unit below), a quarterly decrease of 23.1% and an annual decrease of 6.3%. PEGATRON's third quarter revenue was 294.23 billion yuan, with a quarterly increase of 16% and an annual decrease of 6.8%, a gross profit margin of 4.1%, a quarterly decrease of 0.5% and an annual increase of 0.2%, and a profit margin of 1.2%, which was the same as the previous quarter but decreased by 0.2% year-on-year.
PEGATRON's cumulative revenue for the first three quarters of this year was 798.345 billion yuan, a year-on-year decrease of 12.7%, gross profit margin of 4.3%, an annual increase of 0.7%, profit margin of 1.2%, an annual increase of 0.1%, and net profit after tax of 13.139 billion yuan, an annual increase of 22.6%.
Zheng Guangzhi, co CEO of PEGATRON, said at the French conference that at present, the server business is steadily progressing. At this stage, customers are mainly second - and third tier CSPs (cloud service providers) and enterprise customers. However, PEGATRON has won the business of well-known semiconductor manufacturers in Taiwan, China, China, and is expected to ship in the first quarter of next year when it comes to the final verification stage. In addition, PEGATRON Group will not be absent from GB200, which is highly valued by everyone next year.
It is reported that PEGATRON has shipped a small number of AI servers this year. Zheng Guangzhi stated that in terms of AI servers, validation will also begin in the coming weeks, and the current situation is good. It is expected to start shipping in the first quarter of next year, and some results feedback can be seen in 2025.
