Lite-On IT, the largest maker of optical disc drives (ODDs) in Taiwan, and Quanta Storage, Taiwan’s largest maker of slim-type ODDs, on April 24 reported their estimated financial results for the first quarter of this year with a net earnings per share (EPS) of NT$0.73 and NT$1.34, respectively.
The higher first-quarter net EPS for Quanta Storage was due to the company’s increasing shipments of more profitable slim-type DVD burners while the profitability for half-height (H/H) ODDs, Lite-On’s mainstay product, was thinning due to intensive competition, institutional investors pointed out.
|
Estimated financial results for Lite-On IT and Quanta Storage | |||
|
Period |
Item |
Lite-On IT |
Quanta Storage |
|
First quarter of 2006 |
Revenues (NT$b) |
10.673 |
1.577 |
|
Pre-tax profits (NT$m) |
622.3 |
351.3 | |
|
Net profits (NT$m) |
518.3 |
300.1 | |
|
Net EPS (NT$) |
0.73 |
1.34 | |
|
2005 (for reference) |
Net profits (NT$b) |
3.033 |
1.295 |
|
Net EPS (NT$) |
4.25 |
5.83 | |
Source: Companies, compiled by DigiTimes.com, April 2006
Article translated by Adam Hwang and edited by Eric Mah
