TAIPEI – Compal Electronics reported third quarter consolidated revenue of $8.4 billion, up 7% sequentially.

Consolidated net profit was $128.2 million, and net profit contributed to the parent company was $123.9 million, an increase of 78% compared to the second quarter of this year. Consolidated operating profit of $63.3 million declined sequentially and was impacted by products and customer mix, the firm says.

Year to date, consolidated revenue was $22.8 billion, up 9% year-over-year. Growth was attributed to PCs and smart device products.

For the first three quarters of the year, consolidated net profit was $256.8 million, and net profit attributed to the parent company was $239.7 million, an increase of 98% year-over-year. Consolidated operating profit was $218.6 million, down 3% year-over-year.