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Driven by the surging demand for servers and industrial computers, PCB manufacturer Allied Circuit Co., Ltd. (ACCL) (8155-TW) has surpassed NT$300 million in monthly revenue since May 2024. In June, revenue hit a record high of NT$330 million. The company announced today that its August 2024 revenue reached NT$313 million, marking four consecutive months of surpassing the NT$300 million mark—a 0.42% increase from the previous month and a 31.87% year-on-year increase. Cumulative revenue for the January-August period totaled NT$2.277 billion, reflecting a 23.83% year-on-year growth.

ACCL Chairman Chang Yung-Ching

In the second quarter of 2024, ACCL achieved record revenue of NT$948 million, a 34.71% quarterly increase and a 40.93% year-on-year growth. According to the latest financial report, the company posted a gross margin of 19.34% for Q2, up 1.93 percentage points quarter-over-quarter and 2.89 percentage points year-over-year. Net profit after tax for the quarter was NT$91.42 million, representing a 125% quarterly growth and a 146% increase year-over-year, with earnings per share (EPS) of NT$1.81.

For the first half of 2024, ACCL reported revenue of NT$1.653 billion, with a gross margin of 18.09%, up 0.3 percentage points year-on-year. Net profit after tax for the period reached NT$128 million, a 13.77% year-on-year increase, with an EPS of NT$2.55.

Currently, server-related PCBs account for around 60% of ACCL’s revenue, while industrial computer PCBs contribute about 40%. The increased number of layers required for new platform servers and AI servers is expected to have a positive impact on the company’s revenue and profitability. Additionally, the peak season in Q3 is anticipated to further boost performance in the second half of the year.

Allied Circuit Co., Ltd. (ACCL), founded in April 1995 in the Kwei-Shan Industrial Zone, Tao-Yuan, is a leading manufacturer of high-reliability printed circuit boards (PCBs). ACCL specializes in rigid multi-layer PCBs with 2 to 72 layers and HDI boards with 4 to 72 layers. The company holds certifications including IATF16949, QC080000, ISO-9001, ISO-14001, ISO-45001, and UL94V-0.

Editor：Lulu

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