Avertronics Inc (3597) 2024 Performance – A Year of Steady Recovery!!

As we wrap up 2024, we’re thankful for the gradual recovery we’ve experienced after a challenging 2023. It wasn't a smooth journey, but we've made progress.
Here are our key results:
Key Highlights (Q1–Q4 2024):

• Revenue: NTD 738 million

  +20.8% YoY (from NTD 611 million in 2023)

• Gross Profit: NTD 183.4 million

  +46.4% YoY (from NTD 125.2 million)

• Gross Profit Margin: 24.83%

  +4.34% YoY (from 20.49%)

• EPS: NTD 1.32 improved from NTD 0.25
• Net Income After Tax: NTD 51.5 million turnaround from NTD 9.7 million

Where We Operate & Serve:

• Taiwan remains our strongest region (51.35%), followed by China East (33.74%).
• Industrial applications comprise the most significant industry segment (70.88%), with automotive and mobility growing.

We are deeply grateful for the trust, support, and collaboration from our partners, customers, and teams. Onward to 2025, together.