Thursday, March 28, 2013

Automotive diode maker Actron posts EPS of over NT$4 in 2012

Automotive diode maker Actron posts EPS of over NT$4 in 2012

Patty Wang, Taipei; Steve Shen, DIGITIMES?[Wednesday 27 March 2013]

Taiwan-based automotive diode component maker Actron Technology saw its net profits decrease 17.8% on year to NT$331 million (US$11.1 million) in 2012. The earnings translated into an EPS of NT$4.43 for the year.

The company has said it plans to hand out cash dividends of NT$3.50 for 2012.

Actron also reported a record high revenues of NT$280 million (US$9.39 million) for January, thanks to strong orders from Europe.

Meanwhile, Actron is expected to see its revenues grow 5% sequentially in the first quarter of 2013, compared to a 2-3% growth projected previously, some industry sources have estimated.

Powered by shipments to Mitsubishi Electric starting May, Actron's sales are likely to gain another 5-7% sequentially in the second quarter, added the sources.

Source: http://www.digitimes.com/news/a20130327PD217.html

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