Relaciones con inversores

Preliminary results for the Second Quarter of 2014

2014/07/09

Issued on: 2014/7/9

GeoVision announced its preliminary consolidated financial results for the second quarter and the first half ending June 30, 2014.

  • Revenues for the second quarter of 2014 were NT$565.9 million, increased by 3.9% compared to the previous quarter Q1 2014 and decreased by 4.7% compared to the same period of the previous year.
  • Revenues increased slightly by 1.7% to amount to NT$1,110.4 million for the first half of 2014, as compared to the same period of 2013 of NT$1091.5 million.
  • The gross margin for Q2 was 52.9%, decreased 2.6% compared to 55.5% of Q1 due to products mix change. Gross margin for the first half of 2014 was 54.2%.
  • Operating profit for the first half of 2014 decreased 11.6% to amount to NT$292.3 million compared to the same period of last year as a result of expense increase on sales and marketing this year.
  • Q2 pretax profit were NT$125.6 million, decreased 28.3% QoQ and 32.6% YoY due to exchange rate losses. Based on the current capital NT$699.8 million, the pre-tax EPS of Q2 was NT$1.79.
  • Pretax profit for the first half of 2014 amounted to NT$ 300.8 million and the pretax profit margin was 27.1%. Pretax earnings per share was NT$4.30.

GeoVision Financial Report:
《Consolidated Income Statement》

  Q2 Ending June 30, 2014 January to June 2014
Unit: NT$K Amount % QoQ YoY Amount % YoY
Net Sales 565,895 100 3.9% -4.7% 1,110,425 100 1.7%
Gross Profit 299,327 52.9 -0.9% -10.2% 601,498 54.2 -1.0%
Operating Profit 138,110 24.4 -10.4% -20.3% 292,252 26.3 -11.6%
Income before Tax 125,581 22.2 -28.3% -32.6% 300,828 27.1 -16.0%
Pre-tax EPS (NT$) 1.79 -28.3% -38.8% 4.30 -23.6%

* The figures are un-audited.