Issued Date: 2016/10/17
Issued By: iST
iST (TWSE:3289) today (Oct 17, 2016) announced its self- clearing financial statement of Q3 2016 on a consolidated basis.
- Revenues for Q3 2016 totaled NT$ 593 million, a decrease of 2.69% QoQ and an increase of 8.29% YoY.
- Gross profit in Q3 2016 was about NT$ 164 million, a decrease of 15.84% QoQ and a decrease of 19.42% YoY; Gross profit rate of Q3 2016 is 27.69%.
- Profit after tax attributable to the parent company for Q3 was approximate NT$ 43 million, a decrease of 50.25% QoQ, and a decrease of 53.93% YoY.
- While EPS for Q3 was approximately NT$0.84, a decrease of 50.59% QoQ, and a decrease of 58.21% YoY.
iST indicated, to meet the growing demands of material analysis of the advanced processing technology, and the boosting quality verification requirement of China red supply chain, as well as for the solid and crucial business model of iST in 2017. It has continuously expanded the capital spending which has raised the cost in Q3.
Look ahead for Q4, since the mobile phone quality and the safety requirements have once again become the focus of market concern and makes the mobile phone makers put forward higher request on the supply chain which can stimulate the testing demands. All in all, iST is cautiously optimistic for the sales in Q4.
iST(TWSE:3289) Q3 2016 Revenue Report on a consolidated basis.
(Unit: NT$ thousands, except EPS)
| Item | Q3 2016 |
Q3 2015 |
Increase (Decrease) % |
Q2 2016 |
Increase (Decrease) % |
|---|---|---|---|---|---|
| Operating revenue |
592,894 | 547,482 | 8.29% | 609,266 | (2.69%) |
| Operating Gross margin |
164,168 | 203,743 | (19.42%) | 195,064 | (15.84%) |
| Net operating profit and loss | 37,333 | 71,533 | (47.81%) | 62,353 | (40.13%) |
| Net profit before tax |
36,288 | 80,494 | (54.92%) | 79,810 | (54.53%) |
| Net profit after tax attributable to the parent company | 43,097 | 93,541 | (53.93%) | 86,627 | (50.25%) |
| EPS (NT$) |
0.84 | 2.01) | (58.21%) | 1.70 | (50.59%) |
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