(Nov 9th 2016 Taipei News) LSC (TWSE : 5305) held its board members meeting and approved the financial reports for the 1st 9 months. The accumulated revenue amounted to NTD7.85 Billion, which is a 13% growth on a YoY basis. The average 29% gross profit margin was a 5% growth compared to 22% as of the same period last year. LSC managed to improve its operation and its accumulated operation profit grew 263% on a YoY basis. The accumulated EPS was NTD1.12, a decline on a YoY basis as there was net gain from the disposal of subsidiary in the previous year.
The 3rd quarter is a traditional high season for the company. Sales amounted to NTD 2.8 billion, a 20% and 4% growth respectively on a YoY and QoQ basis. Gross Profit margin and Operation Profit margin maintained their high level 29% and 13% respectively for the quarter. Due to a better product mix, execution of planned production to lower its manufacturing costs etc, the company was able to achieve a higher growth in its operation profit than its gross profit, and its gross profit growth exceeded its revenue growth.Diodes Inc, LSC’s golden egg also injected over NTD 50 million profit in the 3rd quarter.
The Board approved the consolidated financial report for the first 9 months 2016 on Nov 9th, details as below:
||2016 Q3 第三季
||2016 1st 9 mths 前9個月|
|單位 Unit : 仟元 thousand
||單位 Unit : 仟元 thousand|
Profit before tax
||Net Profit attributable to owner of the company
||Net profit atttributable to non controlling interests
||Earnings per share (NTD)