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Sonix Reports Earnings of the First Quarter 2018

Hsinchu, Taiwan, May 9th, 2018 Sonix Technology Company Ltd., (Sonix, TAIEX: 5471) today announced the 1st quarter results for 2018. In the first quarter, consolidated net sales of Sonix totaled NT$616 million, representing a decrease of 15.99% from NT$733 million in the same period of last year. Gross profit were NT$225 million and gross margin of the 1st quarter were 37%. Operating income were NT$16 million. Net income were NT$26 million and earnings per share (after tax) were NT$ 0.15. 

 Sonix Technology 1Q Financial Results of 2018          

                                                                            NT$ :Thousand               

Year  1Q 2018 1Q 2017    YoY
 Net Sales     615,751 732,961  -15.99%
Gross Profit   
 225,097 280,673  -19.80%
Operating Income    15,805  58,924  -73.18%
Income before Tax   30,694  41,124 - 25.36%
Net Income   25,935  31,762  -18.35%
*EPS     0.15      0.19       -

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