GeoVision : Announces First Three Quarters EPS of NT$1.41
December 02, 2016 at 10:38 am EST
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GeoVision Announces First Three Quarters EPS of NT$1.41
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
(62.2)
Contact Us
James Lee,
Chief Financial Officer & Spokesman
Phone:+886-2-8797-8376
Email: ir@geovision.com.tw
Jean Chen,
Public Relations Manager & Deputy Spokeswoman
Phone:+886-2-8797-8376
Email: ir@geovision.com.tw
GeoVision Inc. published this content on 04 November 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 02 December 2016 15:38:08 UTC.
Original documenthttp://www.geovision.com.tw/english/news/newsletter-ir-161104.html
Public permalinkhttp://www.publicnow.com/view/AD094F98028214D6D4B67EADD87ADC1C73FD7E95
GeoVision Inc. d. is a Taiwan-based company principally engaged in the research, development, production and sales of digital surveillance systems and related products. The Company's main products include H.265 series network cameras, H.264 series network cameras, network camera peripheral products, network video recorders, digital video recorders, video servers and peripheral products, image management software, access control systems and license plate recognition systems. The Company distributes its products mainly to overseas markets, including the Americas, Europe, the rest areas of Asia and others.