Compal Electronics (2324-TW) announced today its third-quarter financial results, with nine-month net profit reaching NT$7.682 billion, up 66% year-over-year, and earnings per share of NT$1.78. Server revenue exceeded 10% of total quarterly revenue.

Compal's board approved a spinoff of its Infrastructure Solution Business Group (ISBG) to wholly-owned subsidiary Cloud Edge Technology (雲銳科技), which will focus on server research, development, and sales. The spinoff has an enterprise value of approximately NT$600 million and is set to close on December 31, 2026.

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