Taoyuan, Taiwan (R.O.C) July 28, 2016 – Chroma Ate Inc. (TAIEX: 2360) today announced the results for second quarter in the fiscal year 2016, which ended June 30th, 2016. In the second quarter, consolidated sales revenues were NTD 2.7 billion, an increase of 3% QoQ and down 1% YoY. Chroma’s parent only sales revenues reached NTD 1.6 billion, a decrease of 4% QoQ and a growth of 41% YoY. Net income reached NTD 443 million, represented a growth of 38% QoQ and 16% YoY respectively, with basic earnings per share of NTD 1.17. EPS is based on weighted average outstanding shares of 379 million.
For the first half fiscal year 2016, Chroma achieved consolidated sales revenues of NTD 5.3 billion, and parent only sales revenues was NTD 3.2 billion. The net profit in first half was NTD 764 million, represented a growth of 51% compared to NTD 505 million in year 2015, with basic earnings per share of 2.02.
In the first half 2016, turnkey solutions and semiconductor testing solutions are the biggest drivers for Chroma parent sales, which presented a strong growth of 564% and 52% respectively. The core business test instruments and ATS also presented a double digits growth of 18% compared to last year. Moving into second half, the Company expected the overall operation will be better than first half. The turnkey solutions will be the major driver for the sales revenues growth, while test instruments & ATS and semiconductor testing solutions will continue steady growth in the second half.
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Jennifer Chien Deputy Director
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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