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Sonix Reports Earnings of the First Quarter 2016
Hsinchu, Taiwan, May 13th, 2016- Sonix Technology Company Ltd., (Sonix, TAIEX: 5471) today announced the 1st quarter results for 2016. In the first quarter, consolidated net sales of Sonix totaled NT$619 million, representing a decrease of 12.6% from NT$708 million in the same period of last year. Gross profit were NT$258 million and gross margin of the 1st quarter were 42%. Operating income were NT$33 million. Net income were NT$27 million and earnings per share (after tax) were NT$ 0.16.
Sonix Technology 1Q Financial Results of 2016
NT$ :Thousand
Year | 1Q 2016 | 1Q 2015 |
Net Sales | 618,610 | 707,982 |
Gross Profit
| 257,736 | 304,563 |
Operating Income | 33,285 | 81,705 |
Income before Tax | 32,865 | 82,299 |
Net Income | 27,300 | 71,441 |
*EPS | 0.16 | 0.43 |
*EPS (after tax) are based on the outstanding shares