Home General Various News HannStar Display nets NT$1.02 per share for 4Q16

HannStar Display nets NT$1.02 per share for 4Q16

206

  • Register
Taipei, Thursday, March 9, 2017 16:05 (GMT+8)
showers
Taipei
19°C

  • Article
  • . (0)
  • Related content
  • Company info
Print Email

HannStar Display nets NT$1.02 per share for 4Q16
MOPS, March 9; Adam Hwang, DIGITIMES [Thursday 9 March 2017]

TFT-LCD panel maker HannStar Display on March 8 released its financial report for the fourth quarter of 2016, posting consolidated revenues of NT$9.344 billion (US$303 million), gross margin of 46.58%, net operating profit of NT$3.522 billion, net profit of NT$3.319 billion and net EPS of NT$1.02.

HannStar Display shipped 117.18 million small- to medium-size panels, 410,000 large-size units and 110,000 LCD monitors for sale under own brand Hanspree in the fourth quarter. 6-inch and below panels accounted for 80% of fourth-quarter consolidated revenues, 6.2- to 10.1-inch units used in tablets for 12%, 11-inch and above units for 8%.

For the whole year of 2016, HannStar Display recorded consolidated revenues of NT$23.925 billion, gross margin of 29.11%, net operating profit of NT$4.635 billion, net profit of NT$4.047 billion and net EPS of NT$1.25.

HannStar Display decided to distribute a cash dividend per share of NT$0.50 for 2016, book asset impairment of NT$790 million according to IAS (International Accounting Standard) 36 and issue up to 500 million new shares to raise additional paid-in capital via open sale or private placement.

HannStar Display shipped 35.04 million small- to medium-size panels as well as 92,000 large-size units and Hanspree LCD monitors in February, dipping 1.7% and growing 52.7% respectively on month. The company posted consolidated revenues of NT$1.954 billion for February, decreasing 10.87% on month but increasing 92.31% on year, and those of NT$4.147 billion for January-February rose 71.19% on year.

Tweet

Categories: Display panel Displays

Tags: 4Q16 display HannStar HannStar Display

Companies: HannStar Display

    Related stories

  • HannStar becomes largest small- to medium-size panel maker in Taiwan in 4Q16 (Feb 17)
  • Digitimes Research: Taiwan makers ship nearly 313 million small- to medium-size TFT-LCD panels in 4Q16 (Feb 14)
  • HannStar Display lands orders with shipments scheduled through 1H17 (Dec 28)
  • HannStar Display returns profitable in 3Q16 (Nov 7)
  • HannStar Display steps into small- to medium-size touch panels (Jun 15)
Realtime news
  • UMC sees February revenues rise 26.77% on year

    Bits + chips – Stockwatch | 2min ago

  • Compal revenues increase over 11% in February

    IT + CE – Stockwatch | 4min ago

  • Acer revenues rise 3.49% on year in February

    IT + CE – Stockwatch | 7min ago

  • Radiant Opto-Electronics reports on-year revenue increase for February

    Displays – Stockwatch | 9min ago

  • Taiwan market: Asustek, Acer to compete on pricey gaming notebooks

    IT + CE – Newswatch | 10min ago

  • Adlink sees 2016 net profits slip 29% on year

    IT + CE | 12min ago

  • Harvatek infringes on Nichia patent in Germany

    LED | 29min ago

  • Inventec enjoys growth in February revenues

    IT + CE | 47min ago

  • Innolux ships 8.49 million large-size panels in February

    Displays – Stockwatch | 50min ago

  • Taiwan market: IgniteNet, Q-Ware to offer wireless network solutions to financial firms

    Mobile + telecom | 1h 7min ago

  • Taiwan to release more frequency bands for 4G

    Mobile + telecom | 1h 33min ago

  • TSMC China sees profits decline significantly in 2016, says paper

    Bits + chips – Newswatch | 1h 45min ago

  • FCCL maker Flexium reports on-year revenue growth for February

    Bits + chips – Newswatch | 1h 52min ago

  • Wistron reports over 20% on-year revenue growth for February

    IT + CE | 1h 55min ago

  • China makers ship 46.86 million handsets in January

    Mobile + telecom | 1h 56min ago

Pause
 | 
View more

China smartphone touch-panel industry 2016 forecast
Trends and forecasts for the China FPD industry, 2014-2017
The transition to 4k TV - UHD TV market forecast, 2014-2017
Sponsored links
  • Wireless broadband developments in Southeast Asia markets

    As of 2013, the 10 ASEAN nations had a total of over 700 million mobile subscriptions, with the CAGR from 2003-2013 reaching 24%. This Digitimes Research Special Report analyzes the various mobile broadband markets in ASEAN and looks at the respective trends in 4G LTE development for those markets.

  • 2015 global tablet demand forecast

    This Digitimes Research Special Report provides a 2015 forecast for the global tablet market and analyzes the strategies of key market players such as Google, Apple, Intel, and Microsoft.

  • 2015 China smartphone panel trend forecast

    This Digitimes Research Special Report analyzes the strategies of key China-based major panel makers BOE, Tianma and IVO for attacking the different market segments through technology and pricing, and their relationship to local vendors Huawei, Lenovo, ZTE, Xiaomi and Coolpad.

Buy link

Source

LEAVE A REPLY

Please enter your comment!
Please enter your name here