News

Taipei, Taiwan, R.O.C. – May 8, 2013Holy Stone Enterprise Co., Ltd. (Holy Stone) (TWSE: 3026), a passive component manufacturer and an IC distributor, today announced its first quarter financial results reporting total revenue of NT$3,315 million, a slight decrease compared to NT$3,443 million from the same period last year. However, gross margin and operating margin were 13.9% and 4.8% respectively, both higher than 12.5% and 4.1% from the first quarter in 2012, and significantly higher than 10.6% and 2.1% from the fourth quarter in 2012.

Net income attributable to the Parent Company totaled NT$169 million, a YoY increase of 8.5% and QoQ increase of 26.1%. Earnings per share totaled NT$ 0.53.

Overall operations of the first quarter were better than forecasted, mainly due to improvement on the composition of products. Sales by product type are as follow: Passive Components 31%, Active Components 22%, Systems and Modules 17%, and Others 30%. Breakdown of sales by product application: Communications industry38%; Automotives and Industrial industry26%, Information industry 20%, and Consumer Electronics industry 11%.

Holy Stone’s first quarter consolidated financial results:

Unit: Thousands of NTD