Taoyuan, Taiwan (R.O.C) October 28, 2013 – Chroma Ate Inc. (TAIEX: 2360) today announced the results for third quarter in the fiscal year 2013, which ended September 30th, 2013. In the third quarter, consolidated sales revenues were NTD 2,684 million. The parent only sales revenues were NTD 1,072 million, an increase of 7% QoQ and decline of 15% YoY. Net profit was NTD 276 million, a decline of 36% QoQ and 12% YoY respectively, with basic earnings per share of NTD 0.73. EPS is based on weighted average outstanding shares of 375 million.
For the first three quarters fiscal year 2013, Chroma achieved consolidated sales revenues of NTD 7,739 million, and the parent only sales revenues was NTD 2,894 million, which represented a decline of 11% YoY. The net profit for first three quarters was NTD 923 million, a growth of 28% YoY, with basic earnings per share of NTD 2.46.
The total sales revenues in third quarter was mainly contributed from LCD/video and solar tester businesses increased 95% and 116% QoQ respectively. The Company remains optimistic toward the low season, expected clean technology related product sectors are going to make a major contribution in 4Q sales revenues.
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