TapTechNews August 14th news, Foxconn Group today announced its second-quarter results for 2024. The second-quarter revenue was NT$1.55 trillion (TapTechNews note: currently about 342.666 billion Chinese yuan), with a year-on-year increase of 19%. The estimated revenue was NT$1.52 trillion; the second-quarter net profit was NT$35 billion (currently about 7.738 billion Chinese yuan), and the estimated net profit was NT$34.5 billion, with a year-on-year increase of 6.1%.
The revenue of Foxconn in the first half of 2024 was NT$2.87 trillion (currently about 634.485 billion Chinese yuan), and the net profit in the first half of the year was NT$570.5 billion (currently about 126.12 billion Chinese yuan).
In addition, Foxconn's revenue in July was NT$5723.5 billion (currently about 1265.32 billion Chinese yuan), with a year-on-year increase of 22% and a month-on-month increase of 16.63%.
Foxconn expects that the third-quarter revenue in 2024 will show significant growth compared to both the same period last year and the previous quarter; the consumer smart product sector in the third quarter will grow strongly compared to the previous quarter; the cloud network product sector in the third quarter will increase significantly compared to the previous quarter; the computer terminal product sector in the third quarter will slightly decline compared to the previous quarter.