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2012-10-26

Holy Stone Reports Third Quarter's Operating Income and Profit Grew 

Taipei, Taiwan, R.O.C. – October 26, 2012Holy Stone Enterprise Co., Ltd. (Holy Stone) (TWSE: 3026), a passive component manufacturer and an IC distributor, today announced its third quarter consolidated financial results reporting net sales of NT$3.92 billion, a 8.09% increase from the second quarter and a 2.31% increase from the same quarter last year. Gross margin is 14.08%, and operating margin is 5.92%, both numbers climbing back to the same level as two years ago, gradually revealing the effects of capital expenditures. Net income reached NT$202 million, an increase of 25.98% from the second quarter, and third quarter EPS resulted in NT$0.63.

Net income for the three quarters totaled NT$521 million, pre-audited EPS totaled NT$1.63.

Looking forward to the fourth quarter, although net sales is expected to be lower than the third quarter due to seasonality factors, Holy Stone will still maintain profitable.

Holy Stone’s 2012 third quarter pre-audit consolidated financial results are as follow:

Unit: Thousands of NTD 

 

2012

QoQ

2011

YoY

3Q

(pre-audited)

2Q

3Q

Net sales

$3,921,447

$3,627,980

 8.09%

$3,833,071 

  2.31%

Gross profit

  552,276

  501,058

10.22%

501,866 

 10.04%

Operating Income

  232,154

  192,522

20.59%

195,412 

 18.80%

Net income

  201,879

  160,248

25.98%

228,980 

-11.84%

 

 

2012

 2011

YoY

Jan. – Sept.

(non-audited)

Jan. – Sept.

Net sales

$10,992,484

$11,812,241

 -6.94%

Gross profit

  1,483,935

  1,476,242

  0.52%

Operating Income

   570,016

    602,216

 -5.35%

Net income

   521,304

    655,234

-20.44%