Lite On Semiconductor : LSC 1H 2016 Operating Profit grew 318% on a YoY basis

(Aug 9th, 2016 Taipei News) LSC (TWSE : 5305) held its BOD meeting and approved the 1H consolidated financial results of 2016, EPS amounted to NTD0.57. The 2nd quarter revenue amounted to NTD 2.695 Bilion, with 11% YoY growth and 15% QoQ growth. Due to a better product mix, a better control of operating expenses and the company was also able to lower manufacturing cost through executing production planning, gross profit margin and operating margin were 29% and 13% respectively, both hitting historical new high. Gross and operating profit grew 43% and 165 % respectively on a QoQ basis, and also grew 42% and 246% respectively on a YoY basis. The accumulated operating profit of 1H grew 318% compared to the same period last year.

Q2 Consolidated Financial Report approved in the Aug 9th,, 2016 BOD meeting, details as below:

項目Item			Year 2016年Q2	Year 2016年Q1
			金額Amount	金額Amount
			單位 Unit : 仟元 thousand	單位 Unit : 仟元 thousand
營業收入 營業毛利	Revenue Gross profit		2,695,131 776,937	2,348,403 541,943
營業淨利 稅前淨利	Operation profitProfit before tax		341,173 414,573	128,607 113,907
本期淨利	Net Profit		308,436	83,152
本期淨損益歸屬於本公司業主	Net Profit attributable to owner of the company		154,578	20,598
本期淨損益歸屬於非控制權益	Net profit atttributable to non controlling interests		153,858	62,554
每股盈餘(元)	Earnings per share (NTD)		NTD0.50	NTD0.07