Advantech, a pioneer in IoT intelligent systems and embedded platforms, hosted an investor conference today (March 5th), which was presided over by Chairman KC Liu alongside three co-presidents – Mr. Eric Chen, Ms. Linda Tsai, and Mr. Miller Chang.
Advantech’s 2024 revenue declined by 7%; however, the gross margin was maintained due to the effective control on operations. The 2024 gross margin was 40.8%, the operating profit amounted to NT$9.050 billion (operating margin of 15.1%), and the consolidated net income after tax totaled NT$9.005 billion (net profit margin of 15.1%), while 2024 annual EPS reached NT$10.45. Meanwhile, Advantech proposed a cash dividend per share of NT$8.4, reflecting an increase in dividend payout ratio to 80%. The dividend proposal was approved by the Board of Directors last week and is subject to final approval by the 2025 annual shareholders meeting.
