Wed, Aug 01, 2012 - Page 13 News List

Powertech mulls weaker semiconductor demand

By Kevin Chen  /  Staff reporter

Earnings per share (EPS) was NT$1.66 in the second quarter, which was up from NT$1.42 in the first three months of the year, but less than NT$2.56 a year earlier, Powertech president Liao Chung-chi (廖忠機) said.

The company’s gross margin of 20.8 percent in the second quarter was slightly lower than the 21.1 percent in the first quarter, but Liao said the 0.3 percent decline was better than the company's guidance of a decline of one percent to two percent.

In the first six months of the year, the company’s net income totaled NT$2.46 billion, or at EPS of NT$3.08. That was compared with NT$3.53 billion, or NT$4.86 per share, during the same period of last year.

Consolidated revenue in the first half totaled NT$20.66 billion, up 3.21 percent year-on-year, while gross margin was down to 20.9 percent from 24.6 percent a year earlier, Liao said.

Share price of Powertech, which has declined 5.93 percent so far this year, ended 0.33 percent higher at NT$60.50 yesterday in Taipei trading, ahead of the company's investors conference.

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