Sonix Board of Directors Approved the Financial Results of 2019 and proposed distribution of cash dividend

Hsinchu, Taiwan, March 13th, 2020- Sonix Technology Company Ltd., (Sonix, TAIEX: 5471) held the meeting of the Board of Directors, at which the Board approved the financial results for 2019. Net Sales of Sonix for 2019 totaled NT$3,235 million, Gross profit NT$1,289 million, Operating Income NT$362 million and Net Income were NT$342 million with earnings per share of NT$2.03.

The Board of directors also proposed the distribution of dividend for 2019 which includes NT$2.1 cash dividend per share, employees’ remuneration NT$70,150,000 and NT$6,600,000 for Board of directors and supervisors.

The annual shareholders’ meeting of 2020 will be held on June 16th at Taiyuan Science Park, Hsinchu, Taiwan. The meeting notice will be sent to shareholders before 30 days ahead of the meeting.

 Sonix Technology 2019 Financial Results                              

                                                                                      NT$ thousand

Year     2019    2018   YoY
Net Sales   3,234,503 3,157,555  
Gross Profit  1,289,224
1,217,685   5.9 %
Operating Income      362,207    282,753  28.1 %
Income Before Tax      395,236    402,214     -1.7%
Net Income      341,522    338,672      0.8%
*EPS (NT$)           2.03          2.02 -

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