|Hsinchu, Taiwan, August 8, 2016 - Vanguard International Semiconductor Corporation today announced its second quarter 2016 financial results. Second quarter consolidated revenue was NT$6,463 million, net income around NT$1,516 million, and EPS about NT$0.92.
On a sequential basis, second quarter 2016 revenue increased around 4% to NT$6,463 million, from NT$6,215 million in previous quarter. On a year-over-year comparison, revenue for the second quarter increased around 5.2%. Gross profit margin was around 34.8%. Operating profit margin was around 24.1%
For the third quarter of 2016, VIS spokesperson Mr. D.L. Tseng said, ¡§After growth in last two quarters, some of our customers are cautious in order placement, we expect revenue to be between NT$6.25 billion and NT$6.55 billion. Gross profit margin to be between 33% and 35%. Operating profit margin to be between 21.5% and 23.5%.¡¨