Synnex's (2347) performance momentum keeps strong, and it has set a new record for two consecutive months! After breaking through the 40 billion mark in November, Synnex's December consolidated revenue set a new record again, breaking the milestone of 50 billion in a single month, reaching NT$50.5bn, a significant increase of NT$10bn from November with a monthly growth of 25%, and an annual increase of NT$13.2bn or 35%.
Synnex said that although it was under the shadow of the spread of Omicron in December, due to the gradual easing of supply shortage and driving market sales momentum, all regions show substantial growth. In particular, China and Indonesia performed the best, with annual growth rates exceeding 70%, and simultaneously set a single-month record high. Even more, China broke the 20 billion mark for the first time in a single month.
Synnex's un-audited annual revenue in 2021 broke the 400 billion mark for the first time, reaching NT$409.4bn, an annual growth of 22%. In terms of profit, the accumulated before-tax and after-tax net profit of the first three quarters were NT$19.3bn and NT$14.2bn, respectively, setting record highs, with a substantial growth of 161%, 150%, and earnings per share of NT$8.53.
