Sonix Reports Earnings of the First Quarter 2024

Hsinchu, Taiwan, May 7th, 2024- Sonix Technology Company Ltd., (Sonix, TAIEX: 5471) held the meeting of the Board of Directors, at which the Board approved the financial results for 1Q of 2024. Net Sales of Sonix for 1Q 2024 totaled NT$612 million, Gross profit NT$260 million, Operating Income NT$25 million and Net Income were NT$47 million with earnings per share of NT$0.28. The board of directors also has resolved to distribute a cash dividend of NT$1.2 per share.

 Sonix Technology 1Q Financial Results of 2024        

                                                                            NT$ :Thousand               

Year   1Q 2024  1Q 2023   YoY
 Net Sales     612,028  538,446     14%
Gross Profit   
 260,120  214,678    21%
Operating Income   24,775    4,783    418%
Income before Tax  59,125  11,464    416%
Net Income  47,466   8,968    429%
*EPS     0.28    0.05      -

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