Flytech Technology Co., Ltd

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2018Aug. 10

Flytech Technology reported 20181H EPS $3.42 2Q18 Revenue and Net Profit hit record high

(Aug/10/2018) Flytech Technology (6206 TW) Board of director approved 20181H financial results today. The worldwide consolidated revenue was NT$3,865M with 17% YoY up, income after tax attributable to owners of parent was NT$489M with 32% increase, representing EPS NT$3.42.
As for 2Q18, worldwide consolidated revenue was NT$2,135M with 23% QoQ and 20% YoY increase respectively. Income after tax attributable to owners of parent was NT$323M with 94%QoQ and 31%YOY up respectively. Both revenue and net income hit record high.
Flytech 2018 1H consolidated results summarized (IFRS)
 NT$M  2018 1H   YOY(%) 
 Revenue  3,865  17
 Gross Profit  1,098  10
 Gross Margin (%)  28%  
 Operating Profit  562  11
 Operating Margin(%)  15%  
 Income before tax   573  36
 Income after tax attributable to owners of parent   489  32
 EPS  3.42  
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