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DFI Revenue Grows for 5 Consecutive Years

Listed by Financial Times as Top 500 Asia-Pacific High-Growth Companies for the First Time.

DFI Revenue Grows for 5 Consecutive Years

DFI's revenue has grown for 5 consecutive years, earning the distinction of being selected by Financial Times as one of the 2022 Top 500 Asia-Pacific High-Growth Companies for the first time this year. By utilizing its previous stable operating strategy, DFI's consolidated revenue and net profit attributable to the parent company after tax in Q1 exhibited a YoY growth of 93% and 26%, respectively; shipment capabilities are expected to increase each quarter.

The "Asia-Pacific High-Growth Companies" ranking is entering its fourth year. This ranking is determined by the UK's Financial Times and Statista, a German company specializing in market and consumer data. The top 500 high-growth companies are selected based on the companies with the highest compound annual growth rate (CAGR) in the Asia-Pacific region; DFI was chosen because of its CAGR of 31%.

Additionally, DFI's revenue has grown for 5 consecutive years, surpassing the 319 million Euro (NT$10 billion) thresholds in 2021. As such, DFI has remained steadfast in the face of the pandemic thanks to its stable operating strategy. Being listed on the Financial Times' 2022 Top 500 Asia-Pacific High-Growth Companies is evidence of the company's pursuit of operational growth.

DFI announced during its online investor conference on May that revenue in Q1 was 1.23 million Euro (NT$3.871 billion), down 7.7% QoQ and up 93% YoY. The net income attributable to the parent company was 2.67 million Euro (NT$84 million), up 26% YoY, with earnings per share of NT$0.73. DFI Vice Chairman Michael Lee stated that while material shortages and COVID-19 impacted Q1 revenue, the operations team was still able to increase shipment capabilities each quarter and sprint ahead to satisfy customer demand.

Looking towards the future, the wave of new infrastructure brought on by production automation and the digital transformation will make smart applications a long-term, rigid demand. DFI has benefited from this and has received a healthy number of orders and increased production capacity each quarter.

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