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Airtac Unaudited Consolidated Financial Statement for the third quarter and nine months ended September 30, 2014

Source: Submit Time:2014-10-23 Click Throughs: 594 Times
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1.Date of occurrence of the event:2014/10/23
2.Company name: AIRTAC INTERNATIONAL GROUP
3.Relationship to the Company (please enter ”head office” or ”subsidiaries”):head office
4.Reciprocal shareholding ratios: Not applicable
5.Name of the reporting media: Not applicable
6.Content of the report: Not applicable
7.Cause of occurrence: Not applicable
8.Countermeasures:Not applicable
9.Any other matters that need to be specified:
Consolidated revenue for the third quarter of 2014 was NTD 2,133,922 thousand dollars, a 6% increased compared to the same period last year, gross profit was NTD 1,136,466 thousand dollars, gross margin was 53.26%; operating income was NTD 547,627 thousand dollars, operating margin was 25.66%, income before income tax was NTD 524,711 thousand dollars (pre-tax margin was 24.59%) and net income was NTD 378,048 thousand dollars (net margin was 17.72%). EPS for the third quarter of 2014 was NTD2.21. The gross margin impacted by employs’ salary raised in July (decreased GP 2%) and competitors’ price competition. The situation will be better because of the in-house efficiency improved and the stabilized of the price competition.
Consolidated revenue for the nine months ended September 30, 2014 was NTD 6,335,708 thousand dollars, a 15% increased compared to the same period last year, gross profit was NTD 3,502,433 thousand dollars (gross margin was 55.28%), operating income was NTD 1,859,072 thousand dollars (operating margin was 29.34%), income before income tax was NTD 1,860,494 thousand dollars (pre-tax margin was 29.37%) and net income was NTD 1,385,009 thousand dollars (net margin was 21.86%). EPS for the nine months ended September 30, 2014 was NTD 8.06.

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