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Weltrend Reports Third Quarter EPS of NT$0.31
2016-11-07
Hsinchu, Taiwan, November 07, 2016 – Weltrend Semiconductor (TAIEX: 2436) today announced financial results for the quarter ended September 30, 2016 with consolidated revenue of NT$586 million, net income of NT$69.04 million, and diluted earnings per share of NT$0.31. |
Year-over-year, third quarter revenue increased 24.0%, net income increased 20.1%, while diluted EPS increased 19.2%. Compare to second quarter 2016, revenue increased 19.6%, net income increased 148.8%, and diluted EPS increased 138.5%. All figures were prepared in accordance with TIFRS on a consolidated basis. |
Gross margin for the quarter was 24%, operating margin was 4%, and net profit margin was 12%. |
Further details on the results are available at:http://www.weltrend.com.tw/en-global/investor/index/19/22 |
About Weltrend Semiconductor Inc. |
Founded in 1989 in the "Silicon Valley of Taiwan", the Science-Based Industrial Park (SBIP) in Hsinchu, Weltrend (TAIEX: 2436) is a leading fabless semiconductor company, also known as IC design house, specializing in the planning, design, testing, application development and distribution of mixed-signal/digital IC products across multiple applications. |