4

Aug


210

H1 EPS sits at 2.23NTD

H1 EPS sits at 2.23NTD

Renowned conductive pastes manufacturer ample Electronic Technology (4760) boasts a quarterly net profit after tax of 35.03 million NTD, marking the highest quarterly net profit after tax with EPS of 1.27, and the company’s accumulated EPS for the first half of the year sits at 2.23 NTD. According to ample, the pandemic is taking its toll on market demands for Q3, and the company will strive to continue its performance in the first half of the year.

Thanks to robust demands from customers and the addition of new customers purchasing passive elements and conductive silver paste for solar back panels, ample is faring pretty well in the first half of the year. The company’s reported consolidated sales for Q2 sits at 307 million NTD, growing 1.24 times annually, hitting a record high for a single quarter. The gross profit for Q2 sits at 71.55 million NTD growing 1.54 times annually, the net operating profit sits at 46.97 million NTD growing 8.57 times annually, the net profit after tax sits at 35.03 million NTD, growing 1.3 times annually (the highest record for a single quarter), and the EPS sits at 1.27 NTD. The company’s reported consolidated sales for the first half of the year sits at 557 million NTD with an annual growth rate of 97.16%, the gross profit sits at 123 million NTD, with an annual growth rate of 98.48%, the net operating profit sits at 47.4 million NTD, growing 3.77 times annually, the net profit after tax sits at 61.44 NTD, and the EPS sits at 2.23 NTD.

According to ample Technology, the market for Q3 is still heavily affected by the pandemic. Currently, the company is gaining new customers and receiving new orders for passive elements and conductive silver paste for solar back panels. The company’s plan for the last half of the year is to strive to be on par with its performance in the first half of the year. 

 

Source: The China Times

ABOUT

Ample Electronic Technology was established in June 2007. Armed with an exceptional management team and advanced production technologies, ample now manufactures high-quality thick-film conductive materials and focuses on their production and selling. ample never stops experimenting with new technologies and improving its manufacturing processes. ample also keeps fostering more reasonable management strategies to strive in a technology industry that is fast-changing and competitive.