2013-08-19

Lite-On's Net Profits in the Second Quarter Soars by 42% Q-o-Q

Lite-On Technology reported second quarter 2013 consolidated revenue of NT$50.01 billion, up 7% Q-o-Q. Thanks to a better product mix, operating efficiency and higher scale of profitable products, the gross margin and operating margin in the second quarter were 14.8% and 4.8%, with sequential growths of 0.1% Q-o-Q and 0.6% Q-o-Q respectively. Net profits in the second quarter reached NT$2.24 billion with a growth of 42% Q-o-Q, and an EPS of NT$ 0.98. Despite ICT market declines, Lite-On's core business units’ Q2 sales continued to gain momentum, with...
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