Taipei, Taiwan, 11th May 2018- Sercomm Corporation (TWSE: 5388), a leading manufacturer of telecom and broadband equipment today announced financial results for the first quarter of year 2018. 

 

On consolidated basis, net sales for the first quarter of year 2018 was NT$7.96 billion, which represents a 4.4% decrease over NT$8.33 billion for 1Q'17.  Gross profit for the first quarter of 2018 was $1.03 billion with 13% gross margin. Income before tax and net income attributable to shareholders of the parent for 1Q’18 was NT$236 million and NT$186 million, respectively.  Based on 246 million weighted average shares, earnings per share (EPS) were reported as NT$0.76 for the 1st quarter of 2018.