Home General Various News Holtek reports on-year increase in 1Q17 earnings

Holtek reports on-year increase in 1Q17 earnings

246

  • Register
Taipei, Wednesday, April 26, 2017 03:32 (GMT+8)
showers
Taipei
21°C

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

Holtek reports on-year increase in 1Q17 earnings
Steve Shen, DIGITIMES, Taipei [Tuesday 25 April 2017]

MCU and IC solution provider Holtek Semiconductor has reported net profits of NT$185 million (US$6.113 million) for the first quarter of 2017, down 10.6% on quarter but up 10.2% on year. The earnings translated into an EPS of NT$0.82 for the quarter.

The company also reported foreign exchange transaction losses of NT$29 million in the first quarter, affecting its profitability and gross margin. First-quarter gross margin dropped to 47.1%, a decline of 0.9pp from a quarter earlier and 2.2pp from a year earlier.

Thanks to a record high revenues of NT$446 million in March, Holtek saw its first-quarter revenues increase 0.1% on quarter and 19.6% on year to NT$1.086 billion.

Holtek expects its revenues to grow within 10% in the second quarter, buoyed by increasing shipments for electrical appliance, health measurement and motor-control applications, according to a Chinese-language Economic Daily News (EDN) report, citing sources from the company.

The company’s stock price slid NT$0.80 to finish at NT$54.70 on the Taiwan Stock Exchange (TSE) during the April 25 session.

Tweet

Categories: Bits + chips IC design, distribution

Tags: 1Q17 Holtek MCU

Companies: Holtek Semiconductor

    Related stories

  • Taiwan MCU and consumer IC firms post brisk March revenues (Apr 10)
  • Taiwan MCU suppliers optimistic about 2017 (Feb 8)
  • Holtek posts NT$3.47 EPS for 2016 (Jan 25)
  • Holtek, Sonix November revenues increase (Dec 9)
  • Holtek seeing brisk orders for 4Q16 (Nov 3)
  • Holtek 2Q16 profits rise 20% sequentially (Jul 26)
Realtime news
  • 60.16 million LCD TV panel shipped globally in 1Q17, says WitsView

    Displays | 5h 3min ago

  • Micron, Microsoft announce collaboration

    Bits + chips | 5h 15min ago

  • Merry reports strong EPS for 1Q17

    Mobile + telecom – Newswatch | 5h 19min ago

  • Taiwan server makers see reshuffle of orders from Microsoft, Facebook, Google

    Before Going to Press | 6h ago

  • DJI showcasing drone accessories at NAB Show 2017

    Before Going to Press | 6h 1min ago

  • Arima Optoelectronics to sell part of stake in Arima Lasers

    Before Going to Press | 6h 11min ago

  • Realtek seeing customers slow down pace of orders

    Before Going to Press | 6h 14min ago

  • Digitimes Research: Panasonic, Sony, Toshiba launch OLED TVs in Japan

    Before Going to Press | 6h 14min ago

  • China market: Flat panel makers slash prices to win orders

    Before Going to Press | 6h 17min ago

  • PTI eyeing to become largest backend house in Japan

    Before Going to Press | 6h 18min ago

  • PTI posts NT$1.50 EPS in 1Q17

    Before Going to Press | 6h 19min ago

  • Nexcom International suffers net loss per share of NT$0.31 for 1Q17

    Before Going to Press | 6h 19min ago

  • Motech Industries application to issue new shares denied

    Before Going to Press | 6h 19min ago

  • 49.3 million LCD TVs shipped globally in 1Q17, says Sigmaintell

    Before Going to Press | 6h 21min ago

  • Asia Tech Image nets NT$0.72 per share for 1Q17

    Before Going to Press | 8h 26min ago

Pause
 | 
View more

China smartphone touch-panel industry 2016 forecast
Global AP demand forecast, 2017-2020
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