Taoyuan, Taiwan (R.O.C) August 10, 2010 – Chroma Ate Inc. (TAIEX: 2360) today announced results for the second quarter and first half fiscal year 2010, which ended June 31st, 2010. The second quarter sales revenue was NTD 1,500 million with a net profit of NTD 563 million or basic earnings per share of NTD 1.57. For the first half fiscal year 2010, Chroma achieved sales revenue of NTD 2,674 million and a net income of NTD 895 million or basic earnings per share of NTD 2.50. All numbers are stand-alone, and EPS is based on weighted average outstanding shares of 357 million. The consolidated sales revenue of the first half 2010 was NTD 7,356 million.
Chroma sales results have hit sequentially record high sales in 3 straight months. The growth of sales revenue and net profit in second quarter were 28% and 70% respectively compared to previous quarter. Contributing to these remarkable results were mainly driven by continued revenue growth in solar, panel and power related product sectors. The Company is poised to sustain this sales momentum and profitability in the third quarter.
The stock dividend will be allotted on 16th of August 2010.
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