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CIS module maker Asia Tech Image has reported net profits of NT$113 million (US$3.579 million) for the third quarter of 2016, increasing 51% from a quarter earlier. EPS for the quarter stood at NT$1.82.
For the first three quarters of 2016, net profits totaled NT$189 million or NT$3.05 per share.
The company expects its revenues for the fourth quarter of 2016 to be slightly lower than the NT$1.06 billion recorded in the previous quarter due to seasonality.
The company’s stock price surged 10% or NT$3.30 to close at NT$36.60 on the Taiwan’s OCT securities market during the October 27 session.
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