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Magnate Technology: Q1 2024 net profit surged to $41,913 thousand on 20% revenue growth and higher margins

Magnate Technology: Q1 2024 net profit surged to $41,913 thousand on 20% revenue growth and higher margins

Magnate Technology Co., Ltd.June 23, 20253
Magnate Technology: Q1 2024 net profit surged to $41,913 thousand on 20% revenue growth and higher margins

About this update from Magnate Technology Co., Ltd.

Net profit reached $41,913 thousand in Q1 2024, reversing last year's loss, with revenue up 20% and gross margin at 19%. Aerospace and non-aerospace segments both grew, and a NT$0.75 per share cash dividend was approved.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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