Issued date: 2021/04/29
Issued by: iST
iST (TWSE:3289) today (April 29, 2021) announced its financial statement of Q1 2021 on a consolidated basis.
1. Revenues for Q1 2021 totaled approximately NT$ 749 million, a decrease of 2.85% QoQ, and an increase of 0.84% YoY.
2. Gross profit in Q1 2021 was about NT$ 207 million, an increase of 10.28% QoQ, a decrease of 6.33% YoY and the gross profit rate of Q1 is 27.62%.
3. Net operating profit in Q1 2021 was about NT$ 62 million, an increase of 149.69% QoQ, and a decrease of 24.64% YoY.
4. Net profit before tax in Q1 2021 was about NT$ 63 million, an increase of 82.79% QoQ, and a decrease of 23.35% YoY.
5. Net profit attributable to parent company after tax for Q1 2021 was approximately NT$ 54 million, which increased 66.09% QoQ, and a decrease of 22.47% YoY.
6. EPS for Q1 2021 was approximately NT$0.58, which increased 65.45% QoQ, and a decrease of 22.79% YoY.
iST said, its revenue in March has increased significantly and reached a new historic high since the SPA of transferring iST Shanghai to Chinasti, due to the continuous orders from the reliability verification, failure analysis and material analysis driven by advanced manufacturing process, advanced package, and automotive electronics.
In addition, the Board of Directors today approved a cash dividend of NT$1 for the first quarter of 2021.
iST’s 2021 Q1 consolidated results
(Unit: NT$ thousands, except EPS)
| Item | Q1 2021 |
Q1 2020 |
Increase (Decrease) % |
Q4 2020 |
Increase (Decrease) % |
|---|---|---|---|---|---|
| Operating revenue |
749,142 | 742,906 | 0.84% | 771,089 | (2.85)% |
| Operating gross profit |
206,906 | 220,881 | (6.33)% | 187,621 | 10.28% |
| Net operating profit and (loss) | 61,767 | 81,958 | (24.64)% | 24,737 | 149.69% |
| Net profit and (loss) before tax |
62,729 | 81,839 | (23.35)% | 34,318 | 82.79% |
| Net profit and (loss) after tax attributable to the parent company | 54,187 | 69,888 | (22.47)% | 32,625 | 66.09% |
| EPS and
(negative EPS) |
0.58 | 0.75 | (22.79)% | 0.35 | 65.45% |
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.http://www.istgroup.com