Advantech Co Ltd
2395: XTAI (TWN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| GxQ | LOCK|#V$ | LOCK|>gnG?^< |
Advantech Earnings: Strong Sales Growth Drives Operating Margin Expansion
Advantech's second-quarter operating profit surged 44% year on year, driven by 22% sales growth and 2.7 percentage points of improvement in operating margin to 17.5%. However, pretax profit declined by 5% because of substantial foreign-exchange losses.
