Taoyuan, Taiwan (R.O.C) July 31, 2015 – Chroma Ate Inc. (TAIEX: 2360) today announced the results for second quarter in the fiscal year 2015, which ended June 30th, 2015. In the second quarter, consolidated sales revenues were NTD 2.71 billion, a growth of 41% QoQ and 3% YoY respectively. Chroma’s parent only sales revenues reached NTD 1.13 billion, an increase of 30% QoQ and a decline of 10% YoY. Net income reached NTD 381 million, represented a growth of 210% QoQ and 14% YoY respectively, with basic earnings per share of NTD 1.01. EPS is based on weighted average outstanding shares of 377 million.
For the first half fiscal year 2015, Chroma achieved consolidated sales revenues of NTD 4.63 billion, and parent only sales revenues was NTD 1.99 billion. The net profit in first half was NTD 505 million, represented a decline of 1% compared to NTD 512 million in year 2014, with basic earnings per share of 1.34.
Heading into peak season, the Chroma parent sales revenues in second quarter presented a growth of 30% QoQ. This result was mainly contributed by Turnkey Solutions and Test Instruments & ATS, which represented a growth 275% and 22% QoQ respectively. The Company was continuously penetrating Europe, US and Japan markets through recognition from global top-tier customers, which have reached 28% of Chroma parent sales in first half.
The Company expected 2015 second half results will be better than first half due to delivery of new applications of Turnkey Solutions and increasing demand from clean tech related power testing businesses.
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.