Issued date: 2017/10/27
Issued by: iST
iST (TWSE:3289) today (October 27, 2017) announced its self- clearing financial statement of Q3 2017 on a consolidated basis.
Revenues for Q3 2017 totaled NT$ 703 million, a decrease of 2.02% QoQ and increased 18.62% YoY.
Gross profit in Q3 2017 was about NT$ 212 million, an increase of 0.61% QoQ and 30.35% YoY; Gross profit rate of Q3 2017 is 30.12%.
Profit after tax attributable to the parent company for Q3 was approximate NT$ 30 million, a decrease of 54.08% QoQ and 24.33% YoY respectively.
While EPS for Q3 was approximately NT$0.51, a decrease of 55.26% QoQ and of 39.29% YoY respectively.
iST indicated, the decrease QoQ was mainly attributable to the relocation of Hsinchu headquarters in Q3. Though the relocation process had a slight impact on revenues and also increased the cost, iST’s revenues still maintained an annual growth rate of 18.62%, which has set a second high record in the history, while the gross profit rate of Q3 2017 also came in 30.12%, which has set the new high in the recent 5 quarters.
iST said, the relocation has been completed successfully. Look forward to the future, the case-in number of iST not only continuously surpasses last quarter’s but keeps rising to the historic high in the concept of global business. The order-delay situation due to the relocation will be improved successively in the next few months, and this expansion strategy is expected to produce beneficial results henceforward.
iST(TWSE:3289) Q3 2017 Revenue Report on a consolidated basis.
(Unit: NT$ thousands, except EPS)
| Item | Q3 2017 |
Q3 2016 |
Increase (Decrease) % |
Q2 2017 |
Increase (Decrease) % |
|---|---|---|---|---|---|
| Operating revenue |
703,306 | 592,894 | 18.62% | 717,824 | -2.02% |
| Operating Gross margin |
211,850 | 162,519 | 30.35% | 210,574 | 0.61% |
| Net operating profit and loss | 26,167 | 36,259 | -27.83% | 48,091 | -45.59% |
| Net profit before tax |
33,682 | 36,029 | -6.51% | 68,617 | -50.91% |
| Net profit after tax attributable to the parent company | 32,614 | 43,098 | -24.33% | 71,030 | -54.08% |
| EPS (NT$) |
0.51 | 0.84 | -39.29% | 1.14 | -55.26% |
PS: Above figures are self- clearing statements, and has not approved by the accountant.
About Integrated Service Technology
Founded in 1994, iST began its business from IC circuit debugging and modification and gradually expanded its scope of operations, including failure analysis, reliability verification, material analysis and so on. iST has offered full-scope verification and analysis services to the IC engineering industry, its customers cover the whole spectrum of the electronics industry from IC design to end products.
In response to rising Cloud Intelligence, Internet of Things (IoT) and Internet of Vehicles (IoV), iST not only focuses on its core services but is also expanding its service offerings based on international trends, such as Automotive electronic verification platforms and high-speed signal transmission integrity services.
http://www.istgroup.com