(Mar 23rd, 2016 Taipei News) LSC (TWSE :5305) held its Board meeting today and approved the consolidated financial result of 2015, EPS was NTD1.52 with a 38% growth on a YoY basis. The board also passed the resolution to distribute NTD1.2 dividend per share, both the EPS and dividends distribution hit record high since global financial crisis in 2008 , this led to a 5.3% dividend yield rate base on the 23rd closing share price of NTD22.85.
The 2015 full year consolidated revenue amounted to NTD9.419 billion, a 7% decline on a YoY basis, maintained a 23% gross profit margin as the previous year. Diodes Inc. revision of its acquisition accounting related to the stock awards etc for Pericom employees in the 4th quarter was the major impact of a loss of NTD0.13 in LSC 4th quarter result. Diodes Inc only injected NTD126 million profit to LSC in year 2015, a decline of 63% on a YoY basis, mainly caused by its merger and tax issues in the same year.The semiconductor industry experienced a weak 2H 2015, among LSC’s 4 major product, the IC product was the only one that managed a 5% revenue growth. Modular System which took up 10% of total sales, though experienced a 14% decline in revenue, managed to drive its profit over 3 folds on a YoY basis, a result of its penetration in the ticketing system market application. LSC also managed to hit a 16 months record high revenue in January 2016 despite the fact that its subsidiary On Bright’s soft sales. Both LSC’s January and February sales were able to experience a YoY growth, a good indication that its core business is back on the right track. LSC will focus in securing product shipment to its newly acquired business from the western markets and new applications customers to ensure attaining its profitable growth target this year.
The 2015 FY Consolidated Financial Report approved in the March 23rd, 2016 BOD meeting,details as below
|單位 Unit : 仟元 thousand
||單位 Unit : 仟元 thousand|
Profit before tax
||Net Profit attributable to owner of the company
||Net profit atttributable to non controlling interests
||Earnings per share (NTD)