Nishoku Technology Inc. (TWSE: 3679) revenue statement for July 2018

2018/08/10

Published by: Nishoku Technology Inc.

Published on: 2018/08/10

 

The company’s consolidated revenue in July 2018 was NT$448 million, 24.63% up from last month and 19.84% YoY.

The consolidated revenue between January and July 2017 was NT$2.3 billion, up by 4.14% YoY.

 

The traditional high season of the electronics industry begins in July. Thanks to the revenue contribution of new mold for new models of IT products and the continuous procurement of new products, the July revenue reached NT$400 million, the highest single month revenue in the last three years.

 

A loss was seen in Q1 as a result of the exchange loss and rise of the statutory income tax rate. The Q2 revenue was the highest in a single quarter in recent years as the gross margin rose by nearly 20% and reversal of the exchange loss. As the traditional high season begins in Q3, the procurement momentum of new models will continue. This will favor the contribution to both the gross margin and profit.

                (NT$ thousand)
Item 2018 2018 Up (down) by %  2017 Up (down) by %  2018 2017 Up (down) by % 
Jul Jun from last month Jul YoY Jan-Jul Jan-Jul Annual growth (reduction) %
Consolidated Revenue 448,787 360,088 24.63% 374,498 19.84% 2,308,900 2,217,147 4.14%
Note: Figures of 2018 are the results of internal settlement without CPA audits.  
                 
Press contract:              
Sammi Lin              
TEL(02)2998-3578 ext.128            
MAILir@nishoku.com.tw