Issued date: 2016/7/19
Issued by: iST
iST (TWSE:3289) today (Jul 19, 2016) announced its self- clearing financial statement of Q2 2016 on a consolidated basis.
- Revenues for Q2 2016 totaled NT$ 609 million, an increase of 9.54% QoQ and 29.08% YoY.
- Gross profit in Q2 2016 was about NT$ 196 million, an increase of 4.61% QoQ and an increase of 221.65% YoY; Gross profit rate of Q2 2016 is 32.21%.
- Profit after tax attributable to the parent company for Q2 was approximate NT$ 87 million, an increase of 7.27% QoQ, and a decrease of 25.93% YoY.
- While EPS for Q2 was approximately NT$1.70, an increase of 5.59% QoQ, and a decrease of 32.54% YoY.
iST said, the consolidated revenues in Q2 2016 hit a quarter record high resulting from three respects. First, the blooming orders of failure analysis (FA) and reliability assurance (RA) requested from the supply chain of global smart products. Second, the material analysis (MA) laboratory and wireless signal mobile testing bureau respectively received orders by international customers and the mobile phone OEM. Final, the subsidiaries in China have obtained big demands from semiconductor customers. The results of these efforts have pumped a big number into group’s revenues and leading iST’s consolidated revenue to reach a new quarter high.
iST indicated especially on the business layout for cross-strait. To cope with the great opportunity of China red supply chain and the requirement of Taiwan’s semiconductors, iST has increased the capital spending in Q2. Not only purchased new equipment in present laboratories on both sides of the Taiwan Strait but open new labs in mainland China, which have caused the cost raised in Q2. Yet this essential and actual investment will likely be the key to open up a whole new ball game in iST’s future business.
Look ahead for Q3, iST’s capacity will be increased by the expansion of cross-strait labs; the MA demands will be driven by the increase in capital spending of Taiwan’s semiconductor; the stabilization for IoT mobile testing orders; as well as the growing demand of automotive electronics market. All in all, iST expects buoyant sales in Q3.
iST(TWSE:3289) Q2 2016 Revenue Report on a consolidated basis.
(Unit: NT$ thousands, except EPS)
| Item | Q2 2016 |
Q2 2015 |
Increase (Decrease) % |
Q1 2016 |
Increase (Decrease) % |
|---|---|---|---|---|---|
| Operating revenue |
609,288 | 472,032 | 29.08% | 556,219 | 9.54% |
| Operating Gross margin |
196,276 | 61,021 | 221.65% | 187,632 | 4.61% |
| Net operating profit and loss | 63,406 | -158,544 | 139.99% | 67,698 | -6.34% |
| Net profit before tax |
79,689 | 143,504 | -44.47% | 72,147 | 10.45% |
| Net profit after tax attributable to the parent company | 86,627 | 116,953 | -25.93% | 80,759 | 7.27% |
| EPS (NT$) |
1.70 | 2.52 | -32.54% | 1.61 | 5.59% |
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 signal integrity testing services.
http://www.istgroup.com