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ECS and ASRock see revenues grow in March

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Old 13-04-2009, 04:45 PM
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Default ECS and ASRock see revenues grow in March

Taiwan-based motherboard makers Elitegroup Computer Systems (ECS) and ASRock both saw on-month revenue growth in March, according to the two companies.
ECS has announced non-consolidated revenues of NT$5.52 billion (US$163.61 million) for March, an increase of 68.89% on month, but a drop of 10.44% on year. The company's non-consolidated revenues for the first quarter only reached NT$11.65 billion, a drop of 33.91% on year.
ECS shipped around 300,000 notebooks and 1.4-1.5 million motherboards in March.
For 2008, ECS' annual consolidated revenues reached NT$89.75 billion with the net profit after tax of NT$310 million or an EPS of NT$0.27. Although the company suffered a drop in revenues on year, the company will still distribute a dividend of NT$0.25 in cash.
ASRock has announced non-consolidated revenues of NT$746 million for March, increases of 29.28% on month and 63.08% on year, while non-consolidated revenues for the first quarter reached NT$1.82 billion, an increase of 11.89% on year.
First-tier motherboard makers: Revenues and shipments, March 2009
Company
March 2008 revenues
M/M
Y/Y
YTD
Y/Y
Shipments
Asustek
17 (consolidated)
27.82%
(16.26%)
47
(25.4%)


2.2 million motherboards (March)
200,000 notebooks (March)
280,000 Eee PCs (March)
Pegatron
32.27
31.7%
(2.4%)
80.2
(17.74%)


2.14 million motherboards (March)
0.95-1 million notebooks (March)
502,000 graphics cards (March)
Gigabyte
3.89
7.3%
(7.5%)
11.42
(18.6%)


1.5-1.6 million motherboards (March)
270,000 graphics cards (March)
MSI
6.45
9.36%
(27.79%)
18.13
(30.29%)
N/A
ECS
5.52
68.89%
(10.44%)
11.65
(33.91%)


300,000 notebooks (March)
1.4-1.5 million motherboards (March)

Source: Companies, compiled by Digitimes, April 2009
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