Ubiqconn Technology (stock code: 6928) reported non-audited revenue of NT$215,428 thousand for January 2025. Despite the impact of the extended Lunar New Year holiday, which reduced the number of working days, the revenue still grew by 58% compared to December 2024 and increased by 5% year-on-year, indicating a strong recovery in customer demand as the winter months end.
Benefiting from the recovery in demand from maritime customers and increased shipment momentum, maritime revenue grew significantly by 106% compared to the same period last year. Revenue from customized value-added services also saw a substantial increase of 95% compared to last year, with the main application field being transportation 、commercial & enterprise.
In terms of revenue by region, Europe accounted for the highest share of total revenue in January, showing a 52% growth compared to the same period last year. This indicates that the market expansion strategy in Europe is yielding initial results. The Americas (including the United States) and other regions experienced double-digit growth, while the Asia region (including Taiwan) saw a decrease in revenue mainly due to adjustments in the regional product mix. It is expected that as customer order visibility improves, the Asian market will gradually stabilize.
Overall, Ubiqconn Technology revenue performance in January 2025 was impressive, with significant YOY increases in both maritime revenue and customized value-added service product revenue. In terms of regional revenue, Europe, the Americas (including the United States), and other regions all experienced double-digit growth, indicating a gradual market recovery. This suggests that overall operations are expected to grow steadily.