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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