Asustek Computer Inc Regs (ASUUY) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, welcome to the Asus Quarter One twenty twenty six Online Investor Conference. Today's meeting will be hosted by Asus Co CEOs, Mr. S. Y. Xu Mr. Samsung Hu and CFO, Mr. Nick Wu. The meeting will be divided into two parts. First, the CFO will present ASU's financial results for the first quarter of twenty twenty six, followed by the Co CEO's presentations on operational strategies and future outlook. The second part will be a Q and A session. If you have any questions, please submit them via the webpage and we will address them after the presentation. Thank you. We will now begin with the presentation from the CFO. Hello everyone. Please refer to Page five of the online slide deck. This page provides a summary of the consolidated income statement for Asustek in the first quarter of twenty twenty six. In quarter one, consolidated brand revenue reached RMB194 billion. That represents a 2% quarter over quarter increase and 44% year over year increase. This figure marks a new record high for our single quarter brand revenue. Operating profit for the first quarter was PHP10.5 billion, a 30% increase Y o Y. Net profit after tax was approximately $9,800,000,000 down 14% Q o Q. Consequently, the EPS for the quarter was approximately $13.2 Because we had a one time adjustment for bad debt related to accounts receivable in the first quarter of last year, if we look at this from a continuous operations perspective for a normalized comparisons, our operating profit growth rate compared to the same period last year actually reached 72%. We consider this an outstanding result. Turning to the margins. Our gross margins for the first quarter was 13.8 percent. That is a slight decline compared to both the previous quarter and the same quarter last year. This primarily reflects th...