Electronics component distributor WT Microelectronics (3036 TT) today announced its unaudited monthly sales for April 2024 totaled approximately NT$87.5bn (US$2,721mn). April was the first month that WT Microelectronics’ results included the consolidation of Future Electronics. Unaudited monthly sales for April 2024 increased approximately 31% from March 2024 and approximately 119% over April 2023, setting a new record for monthly revenue. Aggregated sales from January to April 2024 totaled approximately NT$280.2bn (US$8,851mn), an increase of approximately 75% compared to the same period in 2023.
For the outlook of the second quarter of 2024, including the contribution from Future Electronics, the mid-point guidance for consolidated revenue is expected to be approximately NT$243bn (US$7.52bn), up approximately 26% quarter-on-quarter and 107% year-on-year. The mid-point guidance for operating profit is expected to be approximately NT$4,263mn (US$132mn), up approximately 63% quarter-on-quarter and 109% year-on-year.