Huahan: Orders on hand have reached NT$130 billion, and the Budapest plant is expected to start production in July

According to Juheng.com, on May 17, the industrial computer giant Huahan (hereinafter referred to as the "Company") held an earnings conference. At the meeting, the company's chairman Zhu Fuquan said that the current order backlog has reached NT$130 billion, and the second quarter's revenue and profits will still grow by double digits, the quarterly growth trend remains unchanged, and the full-year outlook remains highly optimistic.

Although the current environment is full of uncertainties, the three major businesses have maintained growth momentum, with design and manufacturing orders of NT$25 billion, and the growth momentum comes from smart retail, industrial network security, etc. Among them, Huahan's individual orders on hand increased by NT$4 billion, breaking through NT$10 billion for the first time, and with profits better than previous orders, it will show rapid growth this year and in the next few years.

At present, the system integration orders mainly from Fanxuan have reached NT$60 billion. Zhu Fuquan said that there is good demand in the fields of semiconductor equipment, panel industry and smart city. In terms of brand business, the German subsidiary S&T has benefited from the demand of industry, communications and European rail transportation, and has orders on hand of 1.5 billion euros, about NT$46 billion.

Regarding the shortage of raw materials, Huahan General Manager Cai Nengji said that based on the current logistics and production schedules, the order-to-shipment ratio remains at 1.25-1.3. As subsequent raw materials arrive in succession and the epidemic eases, the order-to-shipment ratio still has the opportunity to reach 1.2 in the third quarter.

In addition, Hua-Han's Budapest factory in Hungary, Europe, is also expected to start production in July. Cai Nengji said that in the initial stage, it will focus on finance, smart retail, lottery machines, etc., and the annual output value is expected to reach NT$10 billion. It can be expanded according to demand in the future, and it will be the largest factory in Europe.