Compal Electronics, Inc. (“Compal”) (TAIEX: 2324) today announced Year 2016 consolidated financial results. Consolidated revenue in 2016 totaled NT$766,810 million, a decrease of 10% YoY. Consolidated operating profit was NT$11,064 million, a decrease of 2% YoY, and operating margin rate was 1.4%. Net profit attributed to the parent company was NT$8,131 million, a decrease of 6% YoY. Earnings per share (EPS) were NT$1.88 in 2016.
Compal 4Q16 consolidated revenue was NT$219,339 million, thanks to the seasonality, +11% QoQ but -6% YoY. Operating profit was NT$2,409 million, -30% QoQ and -22% YoY, with operating margin rate of 1.1% in 4Q16. Net profit contributed to the parent company was NT$2,613 million, +20% QoQ and +15% YoY. EPS were NT$0.61 in 4Q16.
Compal Electronics, Inc. Statement of Comprehensive Income - Year 2016 (NT$ Million)
|
|
1Q 2017 |
4Q 2016 |
YoY |
||
|
|
Amount |
% |
Amount |
% |
% |
|
Net sales |
766,810 |
100.0% |
847,306 |
100.0% |
-10% |
|
Gross margin |
32,837 |
4.3% |
33,378 |
3.9% |
-2% |
|
Operating margin |
11,064 |
1.4% |
11,312 |
1.3% |
-2% |
|
Non-op items |
749 |
|
480 |
|
|
|
Pre-tax income |
11,813 |
1.5% |
11,792 |
1.4% |
0% |
|
Net income |
8,968 |
1.2% |
9,007 |
1.1% |
0% |
|
Net income to Parent |
8,131 |
1.1% |
8,685 |
1.0% |
-6% |
|
EPS (NT$) |
1.88 |
|
2.01 |
|
|
Compal Electronics, Inc.
Gary Lu
Senior vice president and Spokesman
Tele: 886-2-87978588