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iST Q3 2018 Revenue Report

Home Press Releases iST Q3 2018 Revenue Report

iST Q3 2018 Revenue Report

by jessica

Issued date: 2018/10/26
Issued by: iST

iST (TWSE:3289) today (Oct 26, 2018) announced its self- clearing financial statement of Q3 2018 on a consolidated basis.

Revenues for Q3 2018 totaled approximately NT$ 770 million, a 9.56% decrease QoQ and a 9.43% increase YoY.

Gross profit was about NT$ 115 million, a 41.03% decrease QoQ and a 46.49% decrease YoY respectively.

Net operating loss was NT$ 72 million.

Net loss attributable to the parent was approximately NT$ 40 million.

A net loss per share for Q3 was approximately NT$0.63.

For the long-term development, iST has adjusted structurally its internal and external constitution and operation on both sides of Taiwan and mainland China since Q3. In Taiwan’s market, to rapidly improve competitiveness and yield of its new business, the MOSFET backend wafer process, iST has invested more costs in R&D, and in turn, affected the earnings for Q3.

In China’s market, with the recent trade war between China and the United States, the development of semiconductor industry has elevated to the national strategic level, China’s semiconductors are facing an immediate emergency to increase its self-sufficiency rate, which has made China government put more efforts in supporting R&D of its semiconductor industry. Based on this scenario, there shall be more demands for Failure Analysis, Reliability Assurance and Material Analysis to improve products’ yield and quality.

Due to the above-mentioned reasons, the case-in number in China market of Q3 this year has increased , thus to push forward iST’s adjustment on its structurally constitution and operation to meet the needs of China market.

iST(TWSE:3289) Q3 2018 Revenue Report on a consolidated basis.

(Unit: NT$ thousands, except EPS)

Item Q3
2018
Q3
2017
Increase
(Decrease)
%
Q2
2018
Increase
(Decrease)
%
Operating
revenue
 769,615  703,306  9.43 850,971   (9.56)
Operating
Gross margin
114,521  213,999  (46.49)  194,212   (41.03)
Net operating profit and loss (72,337) 30,467  (337.43) (1,279)   (5,555.75)
Net profit
before tax
(54,811) 33,994  (261.24) 17,197     (418.72)
Net profit after tax attributable to the parent company  (40,018) 32,615 (222.70)  19,782   (302.30)
EPS
(NT$)
(0.63) 0.52  (221.15) 0.31  (303.23)

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, signal integrity testing services and wafer backend process integrated services.
http://www.istgroup.com