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  • Airtac Unaudited Consolidated Financial Statement for the second quarter and six months ended June 30, 2014
  • Source: Submit Time:2014-07-28 Click Throughs: 775 Times
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  • Market share continued increasing because of the benefits of new products development and the new selling channels, consolidated revenue for the second quarter of 2014 was NTD 2,368,480 thousand dollars, the new quarterly highest in the history of Airtac, a 29% increased QoQ and a 16% increased compared to the same period last year, gross profit was NTD 1,334,477 thousand dollars, gross margin was 56.34%, increased from 55.27% in the same period of last year; operating income was NTD 752,692 thousand dollars, operating margin was 31.78%, income before income tax was NTD 793,911 thousand dollars (pre-tax margin was 33.52%) and net income was NTD 618,766 thousand dollars (net margin was 26.13%), a 14% increased compared to the same period last year. EPS for the second quarter of 2014 was NTD3.60.
    The top seven industries of our sales revenue by customers’ applications in 1H14, electronics(18% of 1H13 sales) increased 30% YoY, general machinery(13% of 1H13 sales) increased 54% YoY, packaging(8% of 1H13 sales) increased 16% YoY , construction (8% of 1H13 sales)decreased 12% YoY, automaker (5% of 1H13 sales) increased 12% YoY, dress & accessories (4% of 1H13 sales) decreased 20% YoY and battery(4% 1H13 sales) increased 44% YoY . The first two applications in which Airtac mainly competes with our major competitor, are still showing healthy momentum.
    Consolidated revenue for the six months ended June 30, 2014 was NTD4,200,099 thousand dollars a 20% increased compared to the same period last year, gross profit was NTD2,365,704 thousand increased compared to the same period last year, gross profit was NTD2,365,704 thousand dollars (gross margin was 56.32%), operating income was NTD1,311,124 thousand dollars (operating margin was 31.22%) , income before income tax was NTD 1,334,003 thousand dollars (pre-tax margin was 31.76%)and net income was NTD1,004,563 thousand dollars (net margin was 23.92%). EPS for the six months ended June 30, 2014 was NTD5.84