Investor Relations

GeoVision Announces First Three Quarters EPS of NT$1.41

2016/11/04

Issued by: GeoVision Inc.
Issue Date: November 4, 2016

GeoVision Inc. announced the results of the third quarter and the first three quarters of 2016 approved by the Board of Directors today.

GeoVision announces its consolidated revenue of NT$466.6 million, operating profit of NT$61.6 million and net profit of NT$9.3 million for the third quarter ended September 30th, 2016. The third quarter gross margin was 46%. Due to strong Taiwan New dollars against US dollars, the non-operating profit is largely reduced and foreign exchange losses increased compared to Q2 2016. The EPS for the third quarter is NT$0.12 based on the current capital stock of NT$777.5 million.

Consolidated revenue for the first three quarters were NT$1,462.1 million. Gross margin for the three quarters was 47%. Operating profit of NT$209.1 million and net profit of NT$109.5 million for the first three quarters. The EPS for the three quarters was NT$1.41.

GeoVision Financial Results: 
The following are the highlights of the company financial results for the first three quarters ended September 30, 2016.

《Consolidated Income Statement》 
Taiwan Dollars in NT$K
(except per share amounts in NT$)
The Third Quarter Ended September 30, 2016
  Amount (NT$K) Percentage %YoY
Revenue 466,568 100 (14.0)
Gross Profit 215,368 46 (14.5)
Operating income 61,595 13 (23.1)
Net income before tax 12,440 3 (92.1)
Net income 9,340 2 (92.7)
Earnings per share (NT$) 0.12   (92.8)
 
Taiwan Dollars in NT$K
(except per share amounts in NT$)
Nine Months Ended September 30, 2016
  Amount (NT$K) Percentage %YoY
Revenue 1,462,107 100 (7.8)
Gross Profit 215,368 47 (13.1)
Operating income 209,096 14 (30.5)
Net income before tax 132,563 9 (62.3)
Net income 109,537 8 (62.3)
Earnings per share (NT$) 1.41   (62.3)