Home > News

News

2020-05-04

Holy Stone Quarterly Report-2020 Q1 

Holy Stone Enterprise Co., Ltd. (Holy Stone) (TWSE: 3026), today announced its first-quarter result of 2020. Consolidated revenue totaled NT$3.17 billion, gross profit was NT$749 million, gross profit margin comes to 23.7%, operating profit was NT$376 million, income before tax totaled NT$356 million, net income was NT$276 million, up 8% YoY; net income attribution to parent company totaled NT$306 million, up 12% YoY. Earnings per share for the first quarter totaled NT$1.94.

 

Distinguishing Q1 revenue by main product lines are listed in the following: Passive components at 43%, Active Components at 25%, Systems & Module at 20%, and Others at 12%.

 

Looking forward to Q2, there is high order visibility in passive components; yet part of the distributed products are affected by the epidemic situation, demand uncertainty stay high. In response to this situation, Holy Stone will keep an eye on market development, expand R&D on niche-based products, and properly adjust product mix flexibility, to maintain company’s operational growth.

 

2020 Q1 Consolidated Financial Statements

Unit: Thousands of NTD, except for EPS

Accounts

2020

2019

YoY

Q1

Q1

Revenue

3,165,926

3,032,206

4%

Gross Profit

749,390

828,766

-10%

Gross Margin

23.7%

27.3%

-13%

Operating Expenses

373,421

568,996

-34%

Operating Profit

375,969

259,770

45%

Non-operating Income

(19,826)

64,686

-131%

Income before Tax

356,143

324,456

10%

Net Income

276,130

256,648

8%

Net Income to Parent Company

305,767

273,664

12%

EPS(NTD)

1.94

1.73

 

Click here to sign up for our newsletter