Taoyuan, Taiwan (R.O.C) October 30, 2015 – Chroma Ate Inc. (TAIEX: 2360) today announced the results for third quarter in the fiscal year 2015, which ended October 30th, 2015. In the third quarter, consolidated sales revenues were NTD 2.5 billion, a decline of 8% QoQ and 19% YoY respectively. Chroma’s parent only sales revenues reached NTD 1.36 billion, an increase of 20% QoQ and a decline of 15% YoY. Net income reached NTD 482 million, represented a growth of 27% QoQ and flat YoY respectively, with basic earnings per share of NTD 1.28. EPS is based on weighted average outstanding shares of 377 million.
For the first three quarter fiscal year 2015, Chroma achieved consolidated sales revenues of NTD 7.13 billion, and parent only sales revenues was NTD 3.35 billion. The net profit in first three quarter was NTD 986 million, represented a decline of 1% compared to NTD 999 million in year 2014, with basic earnings per share of 2.62.
In the peak season, the Chroma parent sales revenues in third quarter presented another quarter growth of 20% QoQ. The major growth driver was contributed by Turnkey Solutions, which represented a growth 145% QoQ, while the Test Instruments & ATS also presented a consecutively growth of 7% QoQ and 8% YoY.
The Company expected the parent sales revenues in 2015 second half would outperform first half by over 20%, mainly 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. For more information please visit our company website: www.chromaate.com