Issued date: 2022/07/18
Issued by: iST
iST (TWSE:3289) today (July 18, 2022) announced its financial statement of Q2 2022 on a consolidated basis.
1. Revenues for Q2 2022 totaled approximately NT$ 911 million, an increase of 18.11% YoY.
2. Gross profit in Q2 2022 was about NT$ 238 million, an increase of 31.93% YoY .
3. Net operating profit in Q2 2022 was about NT$ 76 million, an increase of 185.41% YoY.
4. Net profit before tax in Q2 2022 was about NT$ 107 million, an increase of 181.51% YoY.
5. EPS before tax for Q2 2022 was approximately NT$1.47, which increased of 129.69% YoY.
Although the global consumer electronics market is facing inventory correction, iST has benefited the verification analysis requirements of automotive electronics, advanced process, advanced packaging, WBG, HPC and cloud data center market, as well as the steady growth of ITS and Propowertek(Both are the subsidiaries of iST) , which drive the revenue of iST in the second quarter of 2022 to hit a new high for the same period and the pre-tax earnings per share in the second quarter will be approximately NT$1.47 which increased 129.69% YoY.
Look into the second half year, the quantity of testing cases still maintains in a high level, thus, this will be the driving momentum for iST’s future business.
iST’s 2022 Q2 consolidated results
(Unit: NT$ thousands, except EPS)
|Net operating profit||75,703||26,524||185.41%||84,800||-10.73%|
|EPS before tax
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.https://www.istgroup.com