Touch module and touch-display integrated module maker General Interface Solution (GIS) recorded a net profit of NT$4.363 billion (US$157 million) for 2021, the highest annual level since 2018 and exceeding paid-in capital of NT$3.379 billion for the fifth consecutive year.
GIS has decided to distribute a cash dividend per share of NT$5.00 for 2021 operations, accounting for 38.55% of the corresponding net EPS.
Touch solutions used in tablets accounted for 60% of 2021 consolidated revenues, LCD modules used in notebooks for 30%, and smartphone-use touch solutions for 10%.
As US-based clients have increased adoption of mini LED backlighting for notebooks, GIS is expanding monthly production capacity for notebook-use LCD modules to two million modules in the first half of 2022. GIS expects the revenue proportion for notebook-use LCD modules to rise to 40% in 2022.
General Interface Solution: Financial report, 4Q21 (NT$b) | |||||
Amount | Q/Q | Y/Y | 2021 amount | Y/Y | |
Consolidated revenues | 34.862 | (3.62%) | (7.93%) | 132.378 | 4.15% |
Gross margin | 10.96% | up 1.28pp | up 1.75pp | 9.62% | up 1.00pp |
Operating profit | 1.303 | (3.70%) | 5.76% | 3.743 | 47.48% |
Net profit | 1.274 | (14.90%) | (2.00%) | 4.363 | 16.94% |
Net EPS (NT$) | 3.82 | 12.97 | |||
Source: Company, compiled by Digitimes, March 2022
