Sonix Board of Directors Approved the Financial Results of 2020 and proposed distribution of cash dividend

Hsinchu, Taiwan, February 26th, 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 2020. Net Sales of Sonix for 2020 totaled NT$5,371 million, Gross profit NT$2,282 million, Operating Income NT$1,236 million and Net Income were NT$1,026 million with earnings per share of NT$6.11.

The Board of directors also proposed the distribution of dividend for 2020 which includes NT$5.7 cash dividend per share, employees’ bonus NT$145,750,000 and remuneration  for Board of directors and supervisors NT$ 17,000,000.

The annual shareholders’ meeting of 2021 will be held on June 16th at Tai Yuen Hi-Tech Industrial Park, Zhubei City, Hsinchu, Taiwan. The meeting notice will be sent to shareholders before 30 days ahead of the meeting.

 Sonix Technology 2020 Financial Results                              

                                                                                      NT$ thousand

Year       2020      2019   YoY
Net Sales   5,370,6263,234,503  
Gross Profit  2,282,470
1,289,224   77%
Operating Income   1,236,163   362,207241%
Income Before Tax   1,238,222    395,236    213%
Net Income   1,025,601    341,522200%
*EPS (NT$)           6.11          2.03     -

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