Promise Technology, Inc.

Taiwan Stock Exchange 3057.TW

Promise Technology, Inc. Gross Profit Margin for the year ending December 31, 2023: 34.61%

Promise Technology, Inc. Gross Profit Margin is 34.61% for the year ending December 31, 2023, a -4.64% change year over year. Gross Profit Ratio is the ratio of gross profit to net sales, indicating the percentage of revenue that exceeds the cost of goods sold and reflects the efficiency of a company in managing its production or procurement and sales.

Promise Technology, Inc. Gross Profit Margin for the year ending December 31, 2022 was 36.29%, a 0.07% change year over year.
Promise Technology, Inc. Gross Profit Margin for the year ending December 31, 2021 was 36.27%, a 13.46% change year over year.
Promise Technology, Inc. Gross Profit Margin for the year ending December 31, 2020 was 31.97%, a 5.13% change year over year.
Promise Technology, Inc. Gross Profit Margin for the year ending December 31, 2019 was 30.40%, a -5.54% change year over year.

Key data

Date	Gross Profit Margin	Operating Income Margin	EBT Margin	Net Income Margin

Taiwan Stock Exchange: 3057.TW

Promise Technology, Inc.

CEO	Mr. James Lee
IPO Date	Dec. 19, 2002
Location	Taiwan
Headquarters	30 Industry East Road IX
Employees	132
Sector	Technology
Industries Internet Services & Media Energy Storage & Batteries Internet of Things (IoT) Software-as-a-Service (SaaS)

Description

Promise Technology, Inc. develops storage solutions for the data center, surveillance, cloud, and media markets in Taiwan and internationally. It offers VTrak storage appliances for multi-user collaboration to ingest, edit, stream, and process media; Vess storage appliances for IP video surveillance installations; and Apollo Cloud, a cloud to store and share photos and videos through phones, tablets, or laptops. The company also provides Pegasus, a Thunderbolt 3 RAID storage solution for creative enthusiasts and professionals; and SANLink, a Thunderbolt bridge adapter, which eliminates bottlenecks through the introduction of fiber channel or 10 Gb Ethernet connectivity. In addition, it offers media, surveillance, and IT and ODM solutions, as well as warranty, onsite hardware replacement, and installation services. The company was founded in 1988 and is headquartered in Hsinchu City, Taiwan.

Key trends

Past 5 years