Sporton International, an inductor maker and testing services provider, has reported record consolidated revenues for the second quarter of 2013 with gross margin climbing to a 3-year high of 47.65%.
Second-quarter revenues were up 25.8% sequentially and 17.5% on year to NT$603 million (US$20.15 million), while net profits for the quarter amounted to NT$127 million, increasing 43.8% from the previous quarter and 8.7% from a year earlier.
Testing services, mainly for smartphones, contributed 89.9% to Sporton's total revenues in the second quarter thanks to the roll-outs of 4G LTE models and new smartphones released by clients including Samsung Electronics and HTC, indicated the company.
For the first half of 2013, net profits totaled NT$221 million, decreasing 6.8% from a year earlier. The earnings translated into an EPS of NT$2.65 for the six-month period.
Sporton is positive about the business outlook for the second half of 2013 as the company has completed construction of new lab for testing LTE and 802.11ac devices.
Article translated by Steve Shen
