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Weltrend Reports First Quarter EPS of NT$0.08
2016-05-03
Hsinchu, Taiwan, May 3, 2016 – Weltrend Semiconductor (TAIEX: 2436) today announced financial results for the quarter ended March 31, 2016 with consolidated revenue of NT$ 442 million, net income of NT$ 17.62 million, and diluted earnings per share of NT$0.08. |
Year-over-year, first quarter revenue increased 10.5%, net income increased 4.1%, while diluted EPS remained the same. Compare to fourth quarter 2015, revenue decreased 7.1%, net income increased 55.6%, and diluted EPS increased 60%. All figures were prepared in accordance with TIFRS on a consolidated basis. |
Gross margin for the quarter was 27%, operating margin was 5%, and net profit margin was 4%. |
Further details on the results are available at: http://www.weltrend.com.tw/en-global/investor/index/19/22 |
About Weltrend Semiconductor Inc. |
Founded in 1989 in the "Silicon Valley of Taiwan", the Science-Based Industrial Park (SBIP) in Hsinchu, Weltrend (TAIEX: 2436) is a leading fabless semiconductor company, also known as IC design house, specializing in the planning, design, testing, application development and distribution of mixed-signal/digital IC products across multiple applications. |