(March 23rd, 2017 Taipei News) LSC (TWSE :5305)board members approved the company’s 2016 full year consolidated financial report in their board meeting today. 2016 revenue grew 11% on a YoY basis, the 27% average gross profit margin and 10% operating margin improved 4% & 6% respectively compared to the previous year. Earnings per share amounted to NTD 1.4 which was equivalent to the previous year despite of a comparatively low Other Income injection in 2016 as there were no major shares disposal and also a lesser profit contribution from Diodes Inc. LSC Operating profit enjoyed an over 180% growth on a YoY basis, the Board members therefore approved the NTD1.2 cash dividends proposal with no reservation, which was equivalent to a 85% paid out ratio.The 4th quarter sales declined 6% on a QoQ basis, however, gross profit margin maintained at 28%, compared to the previous year, profit growth was better than revenue growth, which is also the company target for this year.
The Board members approved the 2016 FY Financial Report as of March 23rd, 2017, 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)