September consolidated revenues were $7.23 billion

Primax Electronics (4195 TT/4915.TW) announced today NT$7.23 billion in consolidated revenues for the month of September. This represented a 22% increase on the NT$5.93 billion in August and was the company’s highest monthly revenue for the year. Revenue have also climbed for four consecutive months since June and the management remains optimistic on further growth in Q4.

The continued increase in September revenues was in keeping with company expectations for Q3. Continued surge in demand from home offices and eSports products in the stay-at-home economy as well as strong demand for entertainment and audio systems all served to drive revenues to new heights. As a result, Primax reported a 16% increase in Q3 revenues over Q2.

Primax is now fully prepared to meet the future challenges of the G2 economy. The construction of its Thai factory is being accelerated as well to prepare for the mass production of new projects. The increased flexibility in product combinations and global manufacturing will help Primax maintain its industry leadership and pave the way for the company to reach new business heights.