News

Holy Stone Enterprise Co., Ltd. (Holy Stone) (TWSE: 3026), today announced its third-quarter result of 2019. Consolidated revenue totaled NT$4,053 million, and gross profit was NT$817 million; gross profit margin reached 20.1%, up 2% QoQ (0.4 percentage point increase QoQ); operating profit was NT$402 million, income before tax was NT$400 million, net income comes to NT$319 million; net income attribution to parent company totaled NT$343 million, increase 30% QoQ. Earnings per share for the third quarter totaled NT$2.17. Accumulated basic earnings per share for first three quarters in 2019 are NT$5.57.

Distinguishing Q3 revenue by main product types are listed in the following: Passive components at 33%, Active Components at 19%, Systems & Module at 25%, and Others at 23%.

Benefit from the industry hot season and market recovery of passive components, profit earned in 2019Q3 has increased 30% from last quarter. Looking into Q4, market inventory for passive components have been degrading gradually, and factory utilization rate has increased steadily due to continuous rush orders. Sino-US Trade War is still an ongoing problem; therefore uncertainties still exist in the long-term market demand. Holy Stone will continue to keep an eye on the whole situation and respond properly, also increase sales on niche products, to maintain company operating growth.

Unit: Thousands of NTD, except for EPS