- Reached Total Sales of NTD 1,465 Million, 25% YoY
Taoyuan, Taiwan (R.O.C) April 26, 2011 – Chroma Ate Inc. (TAIEX: 2360) today announced results for the first quarter in the fiscal year 2011, which ended March 31st, 2011. In the first quarter, consolidated sales revenue of the first quarter 2011 was NTD 3,443 million. The parent only sales revenue was NTD 1,465 million, an increase of 21% QoQ and 25% YoY. Net profit was NTD 396 million, a growth of 38% QoQ and 20% YoY, with basic earnings per share of NTD 1.10. EPS is based on weighted average outstanding shares of 360 million.
As a result of increasing new capacity and new customers, the solar and LED product sectors are the major contributors for the first quarter sales revenues. Moving into peak season of second quarter, the Company expected the clean technology sectors continue to sustain the growth in coming quarters.
The dividend payout of $3.8 (75% of EPS) in cash and $0.4 (8% of EPS) in stock will be allotted in mid-year after the Annual General Shareholder Meeting, scheduled on 9th of June 2011.
Press Release Contact
Jennifer Chien Senior IR Manager
(03) 327 – 9999 #2701
Chroma Ate Inc. was founded in November 1984. Chroma is world leading own brand supplier in electronic test and measurement equipment and system. Chroma provides integrated and customized solutions in Test and Measurement Instruments, Automatic Test Systems and Manufacturing Execution Systems. Chroma’s headquarters is located in Taoyuan, Hwa-Ya Technology Park, with engineering service offices worldwide including China, Europe, Taiwan and United States. For more information please visit our company website: www.chromaate.com