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Sonix Reports Earnings of the First Quarter 2017

Hsinchu, Taiwan, May 12th, 2017 Sonix Technology Company Ltd., (Sonix, TAIEX: 5471) today announced the 1st quarter results for 2017. In the first quarter, consolidated net sales of Sonix totaled NT$733 million, representing an increase of 18.5% from NT$619 million in the same period of last year. Gross profit were NT$281 million and gross margin of the 1st quarter were 38%. Operating income were NT$59 million. Net income were NT$32 million and earnings per share (after tax) were NT$ 0.19. 

 Sonix Technology 1Q Financial Results of 2017          

                                                                            NT$ :Thousand               

Year  1Q 2017 1Q 2016  YoY
 Net Sales     732,961
618,610  18.5%
Gross Profit   
 280,673 257,736   8.9%
Operating Income    58,924   33,285    77%
Income before Tax   41,124   32,865  25.1%
Net Income   31,762   27,300  16.3%
*EPS     0.19      0.16       -

*EPS (after tax) are based on the outstanding shares