Taoyuan, Taiwan (R.O.C) February 14, 2014 – Chroma Ate Inc. (TAIEX: 2360) today announced the results for the fiscal year of 2013, which ended December 31st. In the fiscal year of 2013, the consolidated sales revenues were NTD 10.71 billion, a decline of 13% YoY. Chroma’s parent only sales revenues reached NTD 3.93 billion, a decrease of 6% compared with NTD 4.17 billion in year 2012. Net income reached NTD 1.21 billion, represented a growth of 31% from NTD 920 million, while basic earnings per share increased to NTD 3.21, compared to NTD 2.46 in year 2012. EPS is weighted average outstanding shares of 375 million.
The year 2013 was another challenging year, given weak global growth to prolong market slowdown and low capital spending sentiment. In order to be well positioned to generate business growth in the future, Chroma has a trinity of strengths – Test and Measurement, Automation and MES, the key elements of Turnkey Solution which in line of global market demand in development of automation. The Company believe this sector will be the major growth engine in next 3 ~ 5 years. Furthermore, Chroma has well established a strong global network further enhance customer satisfaction and market penetration in US, Europe and Japan markets.
Moving forward to year 2014, the major growth driver come from Chroma Ate Inc., particularly in Turnkey Solutions and Semiconductor Test Solutions, while the Test Instruments & ATS will maintain a solid position from enhanced power electronic applications, such as 4G LTE, servo power and clean tech related. Chroma will continue to maintain its strong commitment in dividend policy as returns to shareholders, investing in R&D, strong cash flow and operating model poised us as a market leader in testing equipment market for the future.
Press Release Contact
Jennifer Chien Deputy Director
(03) 327 – 9936
Chroma Group founded in 1984, a world leading own brand turnkey test & automation solution provider, specialized in electronics test and measurement instruments and ATS (auto test system). Chroma’s headquarters is located in Taoyuan, Hwa-Ya Technology Park, with engineering service offices worldwide including China, Europe, Taiwan and United States.