Yageo reports its fourth-quarter and full-year results of 2017
2018/02/22Yageo Corporation (TAIEX: 2327 TW) today announced its fourth-quarter results of 2017. Net consolidated sales reported NT$ 9,651 million, up 15.3% q-o-q and up 42.7% y-o-y. Net consolidated profit after tax attribute to parent company in the fourth quarter reported NT$ 3,016 million (excluding Ferroxcube) or NT$ 8.62 earnings per share.
Gross margin posted 43.7%, up 13.4% percentage point q-o-q and up 19.0% percentage point y-o-y. The operating income reached NT$ 3,382 million with 35.0% of operating profit margin, up 13.1% percentage point q-o-q and up 23.3% percentage point y-o-y.
Non-operating items posted a net gain of NT$ 141 million in the fourth quarter, including investment income under equity method NT$ 78 million, gain on sale of investments NT$ 169 million, net interest income NT$ 98 million, realized and unrealized net loss on foreign exchange NT$ 302 million, dividend and other income NT$ 98 million.