Synnex Technology posts strong revenues and profit for 2009

Synnex Technology International, a distributor of IT and consumer electronics products, has reported 2009 consolidated revenues of NT$220.7 billion (US$6.74 billion) and net profit of NT$4.68 billion, both being records for the Taiwan-based company.

Synnex Technology: Unaudited financial results, 2009 (NT$b)

Item


4Q09


Y/Y


2009


Y/Y

Consolidated revenues


58.3


27.9%


220.7


19.8%

Net operating profit


1.01


50.7%


3.58


42.6%

Net profit


1.11


63.2%


4.68


42.2%

Net EPS (NT$)


0.84


64.7%


3.53


41.8%

Source: Company, compiled by Digitimes, February 2010

Synnex Technology: Unaudited consolidated revenues by product category, 2009 (NT$b)

Product category


Amount


Y/Y 2008

IT


158.3


18.5%

Communications


30.9


39.8%

IC components & others


31.5


10.5%

Source: Company, compiled by Digitimes, February 2010