ASRock posts solid 2011 financial results

/ 5 years ago

ASRock’s growth in the PC motherboard market has been quite visible for all to see over the past few years. ASRock’s latest financial results also suggest that the growth continued strongly through 2011. Although ASRock reportedly fell short of their 9 million motherboard target by a substantial 1.2 million, coming in with 7.8 million boards for 2011, they still managed to deliver 8.1% growth in consolidated revenues for the year 2011. The operating profit was up by 36.76% and the net profit was up 16.27%, all very impressive. Currently, Europe is ASRock’s biggest market, amounting to 40% of ASRock’s consolidated revenues, followed by Asia-Pacific (excl. China), with 30%, and the US with 18%. China amounts to 12% (and growing) of ASRock’s revenues. ASRock will be hoping that this year’s venture into the industrial motherboard market will help them reach that ambitious 10 million motherboard target for 2012.

Source: DigiTimes