|Hsinchu, Taiwan, February 8, 2018 - Vanguard International Semiconductor Corporation today announced its fourth quarter 2017 financial results. Fourth quarter consolidated revenue was NT$6,375 million, net income around NT$1,217 million, and EPS about NT$0.74. Accumulated consolidated revenue for the year of 2017 totaled NT$24,910 million decreased around 3.6% compared with previous year, with after tax net income of NT$4,505 million, and EPS of NT$2.73.
On a sequential basis, fourth quarter 2017 revenue decreased around 0.4% to NT$6,375 million, from NT$6,400 million in previous quarter. On a year-over-year comparison, revenue for the fourth quarter decreased around 3.4%. Gross profit margin was around 33.9%. Operating profit margin was around 23.4%
For the first quarter of 2018, VIS spokesperson Mr. D.L. Tseng said, Ą§Looking forward, we anticipate a stable wafer demand from customers, for the first quarter, Revenue to be between NT$6.2 billion and NT$6.6 billion, Gross profit margin to be between 31% and 33%, and Operating profit margin to be between 20% and 22%.Ą¨