Synpower Co., Ltd.TWSE: 6658

SynPower: H1 2024 revenue up 58% YoY, but net income fell on FX losses; expansion continues

· Issued by Synpower Co., Ltd.

Revenue surged 58% year-over-year in H1 2024, driven by smart manufacturing, but net income declined due to significant foreign exchange losses. Ongoing expansion is supported by capital increases and new borrowings, with high customer concentration and FX risk remaining key concerns.

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