ASUS Encounters Hurdles in Indian Market with Difficulties in Recovering NPD 5.3 Billion Debt
2025-03-12 / Read about 0 minute
Author:小编   

During the investor conference, ASUS unveiled its 2024 financial report, highlighting that delays in payments from its Indian server clients necessitated the allocation of NT$5.351 billion (approximately RMB 1.18 billion) towards bad debts in the fourth quarter. This led to a significant quarterly profit decline of 87% and earnings per share dropping to NT$2.2. Despite this setback, ASUS's total revenue for 2024 surged to NT$548.534 billion, marking a year-on-year increase of 22%, with net profit soaring 97% year-on-year.