(May 10th, 2018, Taipei News)LSC (TWSE : 5305) held its board meeting and approved its 1st quarter consolidated financial report of year 2018, the revenue declined 13% on a QoQ basis, but grew 17% on a YoY basis. The average gross profit margin declined 4 percent point to 26% for the quarter on a QoQ basis and grew 1 percent point on a YoY basis. The 1st quarter EPS was NTD0.3 which was a 200% growth compared to the previous quarter, and 11% on a YoY basis.
As of this year, corporate tax rate increase from 17% to 20%, LSC recorded a NTD 140 million differences charge to account for its Deferred tax assets loss, which simultaneously impacted LSC’s EPS for the quarter.
The Board Members approved the consolidated financial results of year 2018 Q1 as of May 10th, 2018, details as below: