|Hsinchu, Taiwan, April 30, 2015 - Vanguard International Semiconductor Corporation today announced its first quarter financial results. First quarter consolidated revenue was NT$6,398 million, net income around NT$1,369 million, and EPS of NT$0.83.
On a sequential basis, first quarter revenue decreased 0.3% to NT$6,398 million, from NT$6,418 million in previous quarter. On a year-over-year comparison, revenue for the first quarter increased around 16%. Wafer shipment for the first quarter reached 478 thousand wafers, representing around 2% decrease from 488 thousand wafers from the previous quarter. Gross profit margin was around 33%.
For the second quarter of 2015, VIS spokesperson Mr. D.L. Tseng said, ˇ§Due to sluggish end market demand, we expect revenue to be between NT$6.05 billion and NT$6.25 billion. Gross profit margin to be between 28.5% and 31.5%. Operating profit margin to be between 18.5% and 21.5%.ˇ¨