Ubiqconn Technology announced non-audited revenue of NT$110,560 thousand for September 2024, a decrease of 73.36% compared to the same period last year. The cumulative revenue for the first nine months of 2024 totaled NT$1,538,208 thousand, marking a decline of 45.73% year-over-year. Compared to August, September's revenue was weaker due to deferred customer demand. The only standout performer was the high-margin brand products sector, which grew by approximately 37.69% year-over-year. Cumulatively, brand product revenue for the first nine months of the year grew by approximately 69.74% compared to last year. Meanwhile, satellite product shipments were lower in September, but cumulative revenue from satellite products for the first nine months showed a growth of 19.04% year-over-year.
For the first nine months of 2024, revenue distribution across Ubiqconn’s four major sectors was as follows: maritime accounted for 61.84%, brands for 14.53%, satellite communications for 12.51%, and customized value-added service products for 11.12%.