Alpha Networks Announces Distribution of Cash Dividend NT$1.69 per Share
Major network communication manufacturer Alpha Networks (TWSE: 3380) hosted the 2023 AGM today (May 31). The Company's consolidated revenue in 2022 was NT$33.634 billion, an increase of 21% from the previous year; consolidated gross profit margin was 18.6%, an increase of 2% from last year; consolidated operating net profit was NT$1.715 billion; net profit attributable to the owners of the parent company was NT$917 million, and a cash dividend of NT$1.69 per share was approved at the meeting. Looking ahead to 2023, Alpha Networks' development will emphasize Balanced Market Deployment and Expanding the Synergy between Alpha Networks and Hitron while remaining cautiously optimistic.
According to Chairman April Huang , the easing of the shortage of raw materials and the pandemic in China last year led to the growth of the overall revenue performance last year. Furthermore, besides continuing to develop and grow the existing market, sales in Europe, Asia Pacific, and South America have also picked up. Coupled with the Group's resources and the synergy between Alpha Networks and Hitron, the Company’s profitability has been effectively enhanced.
In 2022, besides improvements in business performance, the Company also demonstrated good results in promoting sustainable management, and its ESG report has been compiled by following global sustainability reporting standards. The Company will continue to bolster its corporate sustainable management and values. Furthermore, stakeholder concerned issues are investigated to promote Alpha Networks' ESG strategy, disclose quantitative indicators, strengthen information transparency, consolidate ESG goals with performance, as well as implement various environmental protection and friendly workplace-related efforts.
Looking ahead to 2023, Alpha Networks' development will emphasize Balanced Market Deployment and Expanding the Synergy between Alpha Networks and Hitron. Although faced with high inflation and interest rate hikes, as well as uncertain factors of the client's inventory adjustment, the demand for the original switch products remains stable, and the Company has exhibited good performance in the development of new products and markets. With the diversification of the product line, regional balance strategy, and the vigorous development of low-orbit satellite-related products, the Company remains cautiously optimistic about overall development of this year.
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《Alpha Networks Inc.》
Alpha Networks Inc. was founded in 2003 and is one of the largest professional network equipment manufacturers in Taiwan. With years of experience in product development and design, Alpha Networks has been a major provider of network product design, R&D, and manufacturing for renowned global brands. The Company’s product lines cover Local and Metropolitan Area Networks (LAN/MAN), wireless broadband networks, digital multimedia, and enterprise mobile solutions. Alpha Networks Inc. is headquartered in Hsinchu Science Park, Taiwan, and the Company owns 3 major R&D centers worldwide, as well as subsidiaries in North America, Japan, China, and Vietnam. For more information on Alpha Networks Inc., please refer to the company’s website (www.alphanetworks.com).
《News Contact》
Claire Chen
Tel: +886-3-563-6666 ext. 6562
E-mail: Claire_Chen@alphanetworks.com