Synnex's (2347) had November consolidated revenue of NT$40.3bn, setting a new record and breaking through the NT$40bn mark for the first time in a single month, with an annual increase of 18% and a monthly increase of 20%. Optimistic about the continued prosperity of the market, coupled with the gradual relief of tight supply, will help meet some previously un-fulfilled demand. Synnex said that it will continue to stand firmly on the NT$100bn mark in the fourth quarter, and is currently striving to move towards a record high of NT$110bn.

In November, all BUs achieved great results. Among them, China grew by 25%, approaching the record high in the same period. Indonesia grew by 52%, which is a new high in the same period. Meanwhile, Australia & New Zealand has surpassed the historical record set in last November, a new monthly high with an annual increase of 11%. And Hong Kong has also returned to a growth track with 16% increased.

From a product perspective, the commercial market has seen strong demand generated by governments and enterprises in accelerating the implementation of the annual budget. It has reached a record high for the sixth consecutive month, with a growth of 17%. The peak season of year-end drove the buying momentum of the consumer market, which increased by 22%. Among them, the stay-at-home economy related products such as e-sports and display are still the most popular. And IC components benefited from the active stocking and rushing of production, and continued to stand firmly at the NT$10bn mark, an annual increase of 14%.

Synnex's performance has made a big leap forward this year. YTM revenue was accumulated to NT$358.7bn in November, reaching a new high for the same period, an annual increase of 21%. The cumulative before-tax and after-tax net profits for the first three quarters were NT$19.3bn and 14.2bn, respectively, which set a record high with 161% and 150% growth, and its earnings per share reached NT$8.53.