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Semi equipment maker Acter posts strong earnings for 2Q15

Steve Shen, DIGITIMES, Taipei
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Semiconductor equipment supplier Acter has reported net profits of NT$154 million (US$4.87 million) for the second quarter of 2015, up 36% sequentially and 188% on year. EPS for the second quarter stood at NT$3.34, compared to NT$1.16 a quarter earlier and NT$2.44 of a year earlier.

Gross margin for the second quarter climbed 1.53pp to 16.16%, the highest level in 10 quarters.

For the first half of 2015, net profits amounted to NT208 million, increasing 24.5% from a year earlier. The earnings translated into an EPS of NT$4.5 for the six-month period, higher than the NT$2.06 for all of 2014.

Consolidated revenues for the first half of 2015 amounted to NT$3.48 billion, down 0.8% from a year earlier. However, gross margin for the first half reached 15.57%, up from 12.3% of a year ago.