Qisda posts record high quarterly revenues for 4Q10 - ResearchInChina

Date:2011-03-04liaoyan  Text Size:

Qisda has announced consolidated revenues of NT$24.18 billion (US$819.46 million) for the fourth quarter of 2010, increasing 5.6% sequentially and a quarterly high since 2009. Operating income and net profit for the quarter reached NT$770 million and NT$670 million.

Overall, the company reported consolidated revenues of NT$89.4 billion with 12.2% growth on year. Net profit for the year totaled NT$3.74 billion with an EPS of NT$1.94.

With revenue growth as well as an improvement in product mix, the company's operating income increased from NT$1.1 billion to NT$1.69 billion in 2010. The improvement in product mix also enhanced gross margin from 0.3% to 7.9%.

LCD monitor shipments for the fourth quarter reached a record high of 4.19 million units, up 11.6% sequentially, but revenue share dropped to 63% from 65% in the third quarter. Front projector shipments were 242,000 units, accounting for 10%. Scanner and printer shipments remained flat at 6% share. Mobile communication applications increased to 8% and shipments increased 119% sequentially. E-book reader shipments increased 175% sequentially.

2005-2011 www.researchinchina.com All Rights Reserved 京ICP备05069564号-1