Ubiqconn Technology (Stock Code: 6928) reported non-audited revenue of NT$211,626 thousand for November 2024, reflecting a 56% growth compared to the previous month. However, it experienced a 20% decline compared to the same period last year. Accumulated revenue for the first 11 months of this year totaled NT$1,885,287 thousand, representing a 46% year-on-year decrease.
Although 2024 revenue has been impacted by weaker demand from maritime customers and the gap period for voting machines, but maritime grew by approximately 18% compared to the same period last year, signaling a return to a growth trend. Additionally, revenue from high-margin branded products reached 281 million the end of November, 34% increase compared to the same period last year.
Revenue distribution across Ubiqconn’s four major sectors for the first to eleven months of 2024 was as follows: maritime accounted for 62%, brands for 15%, satellite communications for 11%, and customized value-added service products for 12%.