Taoyuan, Taiwan (R.O.C) August 7, 2013 – Chroma Ate Inc. (TAIEX: 2360) today announced the results for second quarter in the fiscal year 2013, which ended June 30th, 2013. In the second quarter, consolidated sales revenues were NTD 2,889 million. The parent only sales revenues were NTD 1,001 million, an increase of 22% QoQ and decline of 11% YoY. Net profit was NTD 429 million, a growth of 97% QoQ and 51% YoY respectively, with basic earnings per share of NTD 1.15. EPS is based on weighted average outstanding shares of 375 million.
For the first half fiscal year 2013, Chroma achieved consolidated sales revenues of NTD 5,055 million, and parent only sales revenues was NTD 1,822 million, which represented a decline of 9% YoY. The net profit in first half was NTD 647 million, a growth of 59% YoY, with basic earnings per share of NTD 1.73.
The total sales revenues of second quarter presented a strong growth of 22% QoQ, which was mainly contributed by power electronics tester businesses, increased 31% QoQ and 4% YoY respectively. The IC tester business is consistent with the Company’s expectation. Chroma expected the reshuffle of Power industry will create a potential growth for the Company’s power electronics tester business in the coming quarters, while the IC tester business poised a solid performance in year 2013.
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Jennifer Chien Senior IR Manager
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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