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Sonix Board of Directors Approved the Financial Results of 2016 and proposed distribution of cash dividend
Hsinchu, Taiwan, March 15th, 2017- Sonix Technology Company Ltd., (Sonix, TAIEX: 5471) today held the meeting of the Board of Directors, at which the Board approved the financial results for 2016. Net Sales of Sonix for 2016 totaled NT$3,217 million, Gross profit NT$1,310 million, Operating Income NT$304 million and Net Income were NT$280 million with earnings per share of NT$1.67.
The Board of directors also proposed the distribution of dividend for 2016 which includes NT$1.48 cash dividend per share and NT$0.32 from legal reserve, employees’ remuneration NT$57,300,000 and NT$5,000,000 for Board of directors and supervisors.
The annual shareholders’ meeting of 2017 will be held on June 22nd at Taiyuan Science Park, Hsinchu, Taiwan. The meeting notice will be sent to shareholders before 30 days ahead of the meeting.
Sonix Technology 2016 Financial Results
NT$ thousand
| Year | 2016 | 2015 | YoY |
| Net Sales | 3,216,843 |
3,306,229 |
-3% |
| Gross Profit | 1,310,066 | 1,426,479 | -8% |
| Operating Income | 303,882 | 391,964 | -22 % |
| Income Before Tax | 357,233 | 453,948 | -21% |
| Net Income | 279,624 | 388,985 | -28% |
| *EPS (NT$) | 1.67 | 2.32 | - |