Taipei, Taiwan, 18th March 2019 - Sercomm Corporation (TWSE: 5388), a leading manufacturer of telecom and broadband equipment today announced financial results for the fourth quarter and full year 2018. 

 

On consolidated basis, net sales for the fourth quarter of year 2018 were NT$9.6 billion, which represents a 13% increase compared to NT$8.52 billion for the third quarter of year 2018.  Operating profit for 4Q’18 were NT$336 million, which represents a 34% quarter-over-quarter increase over NT$251 million for 3Q’18.  Net income attributable to owners of parent for 4Q’18 were NT$300 million, which also represents a 63% increase compared to NT$184 million for 3Q’18.  Based on 243 million weighted average shares, EPS were reported as NT$1.25 for the 4th quarter of year 2018.

 

Consolidated net sales for 2018 were reported as NT$33.39 billion, which represents a 14% decrease over NT$38.6 billion for year 2017.

Operating profit and net income attributable to owners of parent for 2018 were NT$900 million and NT$808 million, respectively.  Based on 243 million weighted average shares, earnings per share (EPS) for year 2018 were reported as NT$3.32.