According to Compal's third-quarter earnings report released on November 6, the metal casing manufacturer posted an operating loss amid component shortages that dampened notebook PC shipments. Third-quarter net profit per share fell 54.7% year-over-year, while nine-month cumulative earnings were down 12% from the prior year.
Compal reported Q3 revenue of TWD 30.88 billion, down 36.5% year-over-year, with nine-month revenue declining 33.2% to TWD 95.43 billion. The company noted that critical component shortages are unlikely to ease near-term and that the notebook market is expected to see double-digit shipment declines this year. However, certain AI projects began mass production in July, with AI business expected to drive stronger revenue in the fourth quarter and beyond.