Investor Relations
GeoVision Announces Financial Results for Third Quarter and First Nine Months of Fiscal 2017
2017/11/09
GeoVision Inc., a manufacturer of intelligent IP video surveillance systems, today announced the financial results for the third quarter and the first nine months ended September 30, 2017.
GeoVision’s third quarter 2017 revenue of NT$410.4 million represented a 12% decrease compared to the third quarter revenue of 2016. Revenues for the first nine months of 2017 of NT$1,198.4 million decreased by 18% relative to the first nine months of 2016.
Gross margin was 36% for the third quarters and 35% for the first nine months. Loss before tax of NT$7.4 million for the third quarter and NT$138 million for the first nine months, due to the strong NT dollars against USD and Euro.
Net loss of NT$5.9 million or $-0.08 per common share for the third quarter and NT$113.9 million or $-1.49 per common share for the first three quarters of 2017.
GeoVision Financial Results:
The following are the highlights of the company financial results for the first three quarters ended September 30, 2017.
《Consolidated Income Statement》| Taiwan Dollars in NT$K (except per share amounts in NT$) |
Third Quarter Ended September 30, 2017 | ||
| Amount (NT$K) | Percentage% | YoY% | |
| Revenue | 410,384 | 100 | (12) |
| Gross profit | 145,777 | 36 | (32) |
| Operating income (loss) | (12,663) | (3) | (121) |
| Income (Loss) before tax | (7,405) | (2) | (160) |
| Net income (loss) | (5,958) | (2) | (164) |
| Earnings (Loss) per share (NT$) | (0.08) | (167) | |
| Taiwan Dollars in NT$K (except per share amounts in NT$) |
Nine Months Ended September 30, 2017 | ||
| Amount (NT$K) | Percentage% | YoY% | |
| Revenue | 1,198,445 | 100 | (18) |
| Gross profit | 425,238 | 35 | (38) |
| Operating income (loss) | (56,798) | (5) | (127) |
| Income (Loss) before tax | (138,004) | (12) | (204) |
| Net income (loss) | (113,892) | (10) | (204) |
| Earnings (Loss) per share (NT$) | (1.49) | (206) | |