NEWS(India)

Taipei, Taiwan, R.O.C. – May 3rd, 2021–ADATA today announced its financial results for the first quarter of 2021, ended March 31 2021. On consolidated basis, total revenue for the quarter was NT$9.1 billion, an increase of 2.61% QoQ. Gross margin rose 6.6 percentage points to 19.07%, compared with the fourth quarter of 2020. Operating profit for the quarter was NT$721 million, an increase of 123.71% QoQ and net income was NT$707 million, an increase of 122.91% sequentially. Based on 233 million outstanding shares, EPS was NT$2.94.

ADATA 2021/Q1 Consolidated Financial Summary

Item (in millions of NT$)

2021/Q1

2020/Q 4

QoQ %

2020/Q 1

YoY%

Revenue

9,09 6

8,86 4

2.6 1

7,23 7

25.68

Gross Profit

1,73 5

1,10 3

57.3 1

1,70 5

1.7 8

Operating income

72 1

32 2

123.7 1

90 8

- 20 .6

Income before tax

98 0

52 2

87.8 7

62 4

57.0 1

Net income

70 7

31 7

122.9 1

45 0

57.1 8

EPS before tax (in dollars)

4.2 0

2.3 6

-

2.7 9

-

EPS after tax (in dollars)

2.9 4

1.4 1

-

2.1 2

-