Thu, Apr 09, 2015 - Page 14 News List

Taiwan Business Quick Take

Staff writer

FINANCIAL SERVICES

Yuanta profit up almost 5%

Yuanta Financial Holding Co (元大金控), owner of the nation’s biggest securities brokerage, yesterday said its net profit grew 4.45 percent year-on-year to NT$1.9 billion (US$60.85 million) last month, bringing its cumulative profit for the first quarter of the year to NT$4.05 billion. The Taipei-based firm’s net profit for the first quarter was 10.65 percent higher than the same period last year, with earnings per share of NT$0.4, according to a company filing with the Taiwan Stock Exchange. Yuanta Securities Co (元大寶來證券) posted a NT$2.36 billion profit for the first quarter, up 28.57 percent from the previoius year.

SEMICONDUCTORS

Seasonal shift hits Hermes

Semiconductor equipment maker Hermes Microvision Inc (漢微科) yesterday posted a 34.69 percent annual increase in revenue for last quarter, due to new product transition. However, the NT$1.57 billion revenue for last quarter was nearly 42 percent lower than the previous quarter, which was lower than the company’s forecast of a 50 percent decrease, but larger than the 32 percent quarterly decline forecast by Deutsche Bank.

COMPUTERS

Advantech sales surge

Advantech Co (研華) yesterday reported the highest monthly sales in the company’s history last month, boding well for the leading industrial computer maker’s outlook for this quarter aided by its growing presence in the factory automation and logistics industries. Sales rose 9.5 percent year-on-year and 43.95 percent month-on-month to NT$3.39 billion, with cumulative sales for the first quarter hitting NT$8.8 billion, up 8.03 percent from the previous year, the highest quarterly level on record.

HEALTHCARE

Pacific Hospital sales dip

Pacific Hospital Supply Co (太平洋醫材), the nation’s largest manufacturer of medical supplies, yesterday said its sales for the first quarter declined 2.24 percent from the previous year, as sales growth slowed in some major markets, while construction of new plants has yet to be completed. Accumulated sales for the first three months of the year were NT$363.49 million, down from NT$371.81 million the previous year, the company said in a filing to the stock exchange.

HEALTHCARE

Apex Medical sales soar

Respiratory therapy equipment maker Apex Medical Corp (雃博) yesterday said strong growth in orders from the Asia-Pacific region and stable sales in the Greater China region increased its sales by 50.13 percent month-on-month last month to NT$221.07 million, which was 0.56 percent higher than the previous year. While sales for the first quarter fell 11.56 percent from the previous year to NT$517.77 million, sales for this quarter are expected to bounce back and the sales for the whole year are forecast to register double-digit percentage growth from last year’s NT$2.27 billion.

ELECTRONICS

Lite-On Q1 sales edge up

Electronic components maker Lite-On Technology Corp’s (光寶科技) core businesses — including optoelectronics, LED components and information technology peripherals — have healthy order books amid stable market demand, leading the company’s sales last month to grow 26.44 percent from the previous month. Sales were NT$18.19 billion last month. First-quarter sales totaled NT$51.54 billion, slightly up from NT$51.39 billion in the same period last year, the company said.

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