Holy Stone Reports its fourth-quarter and full-year results of 2017
Holy Stone Enterprise Co., Ltd. (Holy Stone) (TWSE: 3026), today announced its fourth-quarter result of 2017. Consolidated revenue totaled NT$3,399 million, and gross profit was NT$869 million, up 33% QoQ and 80% YoY; the gross profit margin reached 25.6%, up 33% QoQ (6.4 percentage point increase QoQ) and 82% YoY (11.5 percentage point increase YoY); net income attribution to parent company totaled NT$381 million, up 57% QoQ and 267% YoY; and earnings per share for the fourth quarter totaled NT$2.07, after capital reduction earnings per share totaled NT$2.41.
Consolidated revenue for full year 2017 was NT$13,109 million, equivalent to 2016. The gross profit was NT$2,421 million, up 27% YoY, and gross profit margin posted 18.5%, up 28% YoY (4 percentage point increase YoY); net income attribution to parent company was NT$879 million , up 74% YoY; and accumulated earnings per share totaled NT$4.40, after capital reduction earnings per share totaled NT$5.56.
The Board of Directors today passed a resolution of distributing NT$ 5.3 cash per common share, including NT$ 5.0 per share for applications of earnings in cash dividends to shareholders and NT$ 0.3 per share for cash distributed from capital surplus to shareholders.
Holy Stone delivered outstanding results in 2017 from strategic transition, and gross profit margin of the fourth quarter reached record high after ten years. Looking to the future, we expect operating performance to grow steadily from continuous sales of high-end niche products, ongoing demands from customers in automotive, industrial and communications industries, and enhancing plant production.