8/13/2024

speaker
Operator
Meeting Moderator

Welcome to the second quarter of the NAMO Technology Co., Ltd.' 's 2024 operating results statement meeting. At the beginning of the meeting, your phone will be in business status. Now, let's welcome Dr. Shen Gengxin, who is in charge of strategy and investment relations, to introduce us to today's meeting. Dr. Shen, please. Hello, everyone.

speaker
Dr. Shen Gengxin
Head of Strategy and Investor Relations

Welcome to the second quarter of the NAMO Technology Co., Ltd.' 's 2024 operating results statement meeting. Today's speaker is Mr. Zheng Shijie, the president of the company. Good afternoon, everyone. The vice president of the Taiwan Management Center, Ms. Shu Yijiao. Good afternoon, everyone. And Mr. Huang Guoliang, the assistant vice president and spokesman for strategy and investment relations. Good afternoon, everyone. Today's meeting is hosted by Mr. Zheng and explains the operating results of the second quarter. Then, Mr. Shu Yijiao, the vice president, will report on various financial indicators. Then, the president will explain the future business outlook. After the explanation, we will start accepting your questions. Thank you, Dr. Shen.

speaker
Zheng Shijie
President

I would like to thank everyone for participating in the presentation of today's sales results. In 2024, the revenue of the second quarter increased by 7.2% compared to the same period last year, which increased by about 6.7%. The net profit is 14.0%, which decreased by about 0.2% compared to the same period last year, which decreased by 3.3%. The EPS of the second quarter is NT$0.62. The EPS of the first half of this year is NT$1.22. In terms of driving power, with the return of the main machine, the average driving power of this quarter has risen to 69%. The windage has risen to about 65%. The average driving power of the combined signal and memory test is about 67%. The average driving rate of the drive IC wind test is about 75%. The power outage is increased to about 65%. In terms of the sales division of the production department, the weight of the wind installation this season is about 22.3%. The combined signal and memory test collection is about 21.9%. The weight of the power outage is about 21.9%. The weight of the product category is about 34.1% for DDI-C products, and about 18.5% for new products. D-RAM is about 14.5% for S-RAM, and 10.2% for logic and integrated signal products. Further, the weight of the overall memory product in this season is about 37.2%. As of last season, growth is about 2.4%. Compared to the same period last year, the growth is about 7.6%. Among them, the land part accounts for about 13.9% of the local revenue. It fell by about 5% compared to last season. Fresh products account for about 22.7% of the local revenue. compared to last season, increased by about 7.3%. As a result of the positive support from Norflash customers, Norflash has grown more than 30% in the last season. Nanflash's revenue ratio this season fell to about 34.8%, which decreased by about 7.7% in the last season. Next, in the system IC and progress speed, In terms of product revenue, the total revenue of the second quarter is about 52.6%, which is about 11.3% of the previous quarter's obvious growth. At the same time as last year, it is close to the same level, with a fast-growing revenue of about 7.6% compared to the previous quarter's growth. As for the mobile IC封測, it is based on OLE and the continuous documents of the car's panel, and large-sized panel panels. Its revenue has increased by about 13.3% in the previous season. In this season, the revenue of DDIC is about 2.6%, which comes from the contribution of car panel panels. COF has also increased by about 32.5% in the previous season. As for the revenue of TTDI products, the revenue of DDIC this season is about 17.8%. The revenue of O-Line products is associated with the customer's active acquisition of art, which accounts for about 23.8% of this year's DDIG revenue. It has increased by about 13.6% compared to the previous season. In terms of the revenue of the end-of-life applications, the revenue of the car industry is about 23.3% compared to the previous season. It has increased by about 14.7% compared to the previous season. 18.7% compared to 27.7% in the previous quarter. The smart action device is 35.6% compared to 3.6% in the previous quarter. In addition, the consumer electronics is 18.8% compared to 3.6% in the previous quarter, which is close to the previous quarter. This is the explanation of the second quarter's operating results. Next, Ms. Su Yi-Jia will report on various financial indicators. After that, we will discuss the future of business. Good evening, everyone.

Disclaimer

This conference call transcript was computer generated and almost certianly contains errors. This transcript is provided for information purposes only.EarningsCall, LLC makes no representation about the accuracy of the aforementioned transcript, and you are cautioned not to place undue reliance on the information provided by the transcript.

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