Taiwan-based EMS provider Qisda brought in net operating profit of NT$250 million (US$8.4 million) in the first quarter of 2011, but saw a net loss of NT$1.183 billion mainly due to a non-operating loss of about NT$1.1 billion from stake investment in AU Optronics (AUO), according to Qisda at an investor conference on April 28.
Of Qisda's first-quarter 2011 consolidated revenues, 63% came from shipments of 3.98 million LCD monitors, 13% from shipments of 288,000 projectors, 9% from mobile devices (smartphones, e-book readers, tablet PCs mainly), 7% from printers and scanners, 8% from other products.
Qisda expects the shipment volume of LCD monitors in the second quarter to increase by less than 5% sequentially, but those of projectors, printers and mobile devices to decrease by below 5%, 5% and 8-9% respectively.
| Qisda: Unaudited financial report, 1Q11 (NT$m) |
| Item | Amount |
| Consolidated revenues | 2,189 |
| Gross margin | 7.17% |
| Net operating profit | 250 |
| Net profit | -1,183 |
| Net earnings per share (NT$) | -0.61 |
Source: Company, compiled by Digitimes, April 2011