PCB maker Unimicron Technology saw its net profits slide 52% sequentially to NT$268 million (US$8.95 million) in the second quarter of 2013. Second-quarter EPS stood at NT$0.22 compared to NT$0.40 in the prior quarter.
Changes in product mix, rising production costs and mounting non-operating losses combined weakened the company's profitability in the second quarter, although revenues were up 4% sequentially to NT$15.21 billion in the quarter, Unimicron said.
Second-quarter gross margin stood at 12.2%, down 1.1pp from the previous quarter, noted the company.
For the first half of 2013, net profits amounted to NT$822 million, decreasing 54% on year. First-half earnings translated into an EPS of NT$0.62 for the six-month period.
Orders for July remain flat, but may start climbing in August-September, said company spokesman Shen Tsai-sheng.
For the third quarter, capacity utilization rates for traditional PCB lines and HDI boards both are expected to hover at 80%, IC substrate lines at below 75%, while those for flexible PCBs will range from 75-85%, Shen said.
Unimicron's capital spending totaled NT$4-4.1 billion in the first half of 2013, and total capex budget for year is expected to reach NT$10-11 billion, Shen revealed.
Article translated by Steve Shen
