Home Update GIS posts on-year earnings development for 1Q19

GIS posts on-year earnings development for 1Q19

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Touch module provider General Interface Solution (GIS) has reported internet earnings of NT$ 689.36 million (US$22.three million) for the primary quarter of 2019, down 58% on quarter however up 14.5% on yr.

First-quarter earnings translated into an EPS of NT$2.04 for the three-month interval, in comparison with NT$4.86 1 / 4 earlier and NT$1.78 a yr earlier.

The on-year development within the first-quarter EPS indicated that GIS had been in a position to keep its cargo momentum within the January-March interval, together with shipments of its in-display contact modules for Samsung Electronics’ Galaxy S10 collection and different contact modules for iPad units, based on a Chinese-language Economic Daily News report.

The firm additionally reported revenues of NT$8.046 billion for April, down 23.44% sequentially however up 1.37% on yr.

Aggregate revenues for the primary 4 months of 2019 reached NT$37.48 billion, rising 25.52% from a yr earlier.



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