|Hsinchu, Taiwan, July 31, 2017 - Vanguard International Semiconductor Corporation today announced its second quarter 2017 financial results. Second quarter consolidated revenue was NT$5,871 million, net income around NT$979 million, and EPS about NT$0.6.
On a sequential basis, second quarter 2017 revenue decreased around 6.3% to NT$5,871 million, from NT$6,263 million in previous quarter. On a year-over-year comparison, revenue for the second quarter decreased around 9.2%. Gross profit margin was around 30.0%. Operating profit margin was around 18.3%
For the third quarter of 2017, VIS spokesperson Mr. D.L. Tseng said, Ą§Thanks to the inventory restocking, we expect revenue to be between NT$6.1 billion and NT$6.5 billion. Gross profit margin to be between 30% and 32%. Operating profit margin to be between 19% and 21%.Ą¨