Small- to medium-size LCD panel and module maker Giantplus Technology's consolidated revenues reached NT$3.045 billion (US$97.4 million) in fourth-quarter 2016, the highest quarterly level since fourth-quarter 2014, the company has disclosed at a recent investors conference.
Fourth-quarter 2016 gross margin was 15.77%, the highest since 2007.
Giantplus will see revenues from automotive displays grow over 20% on year in 2017 and the corresponding revenue proportion rise to over 30%, market analysts indicated.
| Giantplus: Financial report, 4Q16 (NT$m) | |||||
| Item | 4Q16 | Q/Q | Y/Y | 2016 | Y/Y |
| Consolidated revenues | 3,045 | 3.58% | 12.54% | 11,684 | 7.79% |
| Gross margin | 15.77% | 2.92pp | 2.40pp | 14.83% | 3.56pp |
| Net operating profit | 147 | 103.28% | 115.30% | 584 | 242.25% |
| Net profit | 268 | 864.37% | 171.15% | 632 | 41.37% |
| Net EPS (NT$) | 0.60 |
|
| 1.43 |
|
Source: Company, compiled by Digitimes, February 2017
Article translated by Adam Hwang
