Latest News Release
Release Date: Aug 9, 2010
Chimei Innolux Corporation Announces Unaudited Second Quarter 2010 TFT-LCD Net Sales of NT$ 144.6 Billion and Gross Margin of 12.8%
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Chimei Innolux Corporation (“CMI”) (TAIEX: 3481) today announced its second quarter 2010 results. Combined TFT-LCD net sales for the second quarter 2010 amounted to NT$ 144,629 million, a 113% increase over the previous quarter’s NT$ 67,978 million. Gross profit was NT$ 18,505 million, for a gross margin of 12.8%. Operating Income totaled NT$ 11,433 million with an operating margin of 7.9%. Net income attributable to the shareholders of the parent company amounted to NT$ 9,540 million. EPS equaled NT$ 1.43.
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Results Comparison
| Units: in NT$ million except per share data |
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2Q 2010 |
%Revenue |
1Q 2010(1)
|
%Revenue |
Q-o-Q Growth |
| Net Sales |
144,629
|
|
67,987
|
|
113%
|
| Gross Profit |
18,505
|
12.8%
|
7,020
|
10.3%
|
164%
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| Operating Income |
11,433
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7.9%
|
4,114
|
6.1%
|
178%
|
| Net Income |
9,538
|
6.6%
|
3.386
|
5.0%
|
182%
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| Net Income - Parent |
9,540
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6.6%
|
3.387
|
5.0%
|
182%
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| Basic EPS (NTD) (2)
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1.43
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|
0.87
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Note:
(1) CMI was formed on March 18, 2010 through the merger of Innolux Display Corporation (“INL”), Chi Mei Optoelectronics (“CMO”) and TPO Displays Corporation (“TPO”).
(2) Basic EPS = Net Income-Parent / Weighted Average of Outstanding Common Shares.
(3) All figures are unaudited, prepared by Chimei Innolux Corporation.
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