Wiwynn''s Q1 Profit Up 44.1%, EPS NT5.95

Taipei, May 7 (CNA) Server giant Wiwynn today announced its consolidated revenue for the first quarter reached NT76.508 billion, a 62% year-on-year increase. Net profit after tax was NT4.114 billion, up 44.1% year-on-year. Basic earnings per share (EPS) was NT5.95, higher than NT2.7 in the same period last year. Consolidated revenue, profit, and basic EPS for Q1 2026 all hit record highs for the same period. Wiwynn explained that the gross profit margin for Q1 was 7.6%, operating profit margin was 6.3%, and net profit margin after tax was 5.1%. Wiwynn pointed out that in response to the AI product mix and rising component prices, the company continues to communicate with customers to adjust its business model. Starting in April, memory for some customers will be handled under a ''procurement agency model'' and will not be included in revenue. The company also announced today that its April revenue was NT2.731 billion, a 29.67% year-on-year increase but a 16.14% month-on-month decrease. Wiwynn noted that server cabinet sales in April increased compared to March, and profitability also improved from March. Looking at the full year, profit will not be affected by some changes in the business model, and shipments are still expected to grow by double digits. Wiwynn stated that it remains optimistic about the AI and data center markets, investing in and deepening the development of related technologies and products such as computing, cooling, and power saving. In Q1, Wiwynn invested in Ayar Labs, a leading Co-Packaged Optics (CPO) manufacturer, to jointly promote CPO modules into rack-level AI systems, aiming to seize business opportunities in the hyperscale AI computing market. Wiwynn stated that in response to long-term customer demand growth and working capital needs, its board of directors today approved a capital increase of approximately US00 million for its subsidiary Wiwynn International Corporation to replenish working capital and optimize its financial structure. (Editor: Pan Yi-ching) 1150507 Choose to stand with facts, every sponsorship is a force to protect press freedom Download CNA ''First-hand News'' APP to get the latest news This website''s text, images, and videos may not be reproduced, publicly broadcast, or publicly transmitted and used without authorization.