Corporate News
2013/08/14
Sercomm Announces 2Q 2013 Financial Results
Taipei, Taiwan, 14th August 2013- Sercomm Corporation (TSE: 5388), a leading manufacturer of broadband and wireless networking equipments, today announced financial results for the second quarter and first half of year 2013.
On consolidated basis, net sales for the first half of year 2013 were reported as NT$9.2 billion, which represents a 2.7% decrease over NT$9.46 billion for the first half of year 2012. Income before tax for 1H 2013 were NT$477 million, which represents a 1% year-over-year decrease over NT$482 million for the same period last year. Net income for 1H’13 were NT$395 million, which also represents a 0.3% increase compared to NT$394 million for the 1st half of 2012. Based on 198 million weighted average shares, earnings per share (EPS) for the first half of year 2013 were reported as NT$1.99. Consolidated net sales for the second quarter of year 2013 were NT$5.09 billion, which represents a 4% decrease compared to NT$5.32 billion for the 2nd quarter of year 2012. Income before tax for 2Q’13 were NT$335 million, which represents a 16% year-over-year increase over NT$289 million for 2Q’12. Net income for 2Q’13 were NT$276 million, which also represents a 18% year-over-year increase compared to NT$233 million for the same period last year. Based on 198 million weighted average shares, EPS were reported as NT$1.39 for the second quarter of year 2013.
On consolidated basis, net sales for the first half of year 2013 were reported as NT$9.2 billion, which represents a 2.7% decrease over NT$9.46 billion for the first half of year 2012. Income before tax for 1H 2013 were NT$477 million, which represents a 1% year-over-year decrease over NT$482 million for the same period last year. Net income for 1H’13 were NT$395 million, which also represents a 0.3% increase compared to NT$394 million for the 1st half of 2012. Based on 198 million weighted average shares, earnings per share (EPS) for the first half of year 2013 were reported as NT$1.99. Consolidated net sales for the second quarter of year 2013 were NT$5.09 billion, which represents a 4% decrease compared to NT$5.32 billion for the 2nd quarter of year 2012. Income before tax for 2Q’13 were NT$335 million, which represents a 16% year-over-year increase over NT$289 million for 2Q’12. Net income for 2Q’13 were NT$276 million, which also represents a 18% year-over-year increase compared to NT$233 million for the same period last year. Based on 198 million weighted average shares, EPS were reported as NT$1.39 for the second quarter of year 2013.
