PChome Reports NT$34.59 billion Revenue for 2018 Full Year
Big Leap for Revenue Growth and 2019 Is A Year for Revenue & Profitability
The largest eCommerce group – PChome (8044 TW) today (March 18th) announced financial report for 2018 full year. Consolidated revenue for 2018 full year is NT$34.59 billion, growing by 17.6% compared with the same period last year. Net loss after tax is NT$1.77 billion with an EPS of -NT$8.49.
After the successful promotion during the past two years, Personal Store starts to monetize in 2018 November and will focus on profitability in 2019. PChome is optimistic about the growth momentum of revenue and profitability for this year.
Online Shopping delivers robust growth in 2018. B2C business continues to ride on strong momentum and officially become the No.1 3C retail channel in Taiwan. For logistics service, PChome introduced PChome Express – a self-owned delivery fleet to connect different 3PL partners across Taiwan to expand comprehensive logistic service network.
“PChome has proactively promoted P point ecosystem and already issued more than 500 million P points throughout the year with exchange program to 6 other point systems and more than 30,000 using scenarios across virtual and physical channels.” PChome Online chairman, Mr. Jan said. “P point will continue to provide various using scenarios from online to offline to gradually develop PChome membership ecosystem. Meanwhile, open and reciprocity are the main intention for 2019 strategy. We are proud to announce a regional strategic alliance with Rakuten in the first quarter to make a beginning of ecosystem to ecosystem connection with the aim to provide seamless cross-border internet service. PChome is well-prepared to go back to profit and couldn’t be more optimistic about future profitability.”
