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VIS Quarterly Sales Report - The Fourth Quarter 2018

Hsinchu, Taiwan, January 31st, 2019 - Vanguard International Semiconductor Corporation today announced its consolidated revenue of NT$7,705 million, net income of NT$1,928 million, and EPS of NT$1.16 for the fourth quarter 2018.

Quarter-over-quarter, the fourth quarter revenue decreased around 0.6% to NT$7,705 million, from NT$7,749 million in previous quarter. Year-over-year, revenue for the fourth quarter increased around 20.9%. Gross profit margin for the fourth quarter was around 38% while operating profit margin was around 26.9%

Due to low season and sluggish macro economy, we became more conservative about customer demand for the first quarter of 2019,Ą¨ said D.L. Tseng, VP and Chief Financial Officer of VIS. Based on the current business outlook; the performance of the first quarter 2019 is expected to be as below:
* Revenue to be between NT$6.7 billion and NT$7.1 billion;
* Gross profit margin to be between 34.5 % and 36.5 %;
* Operating profit margin to be between 23 % and 25 %.

VIS SpokespersonĄG
D.L. Tseng
Vice President & Chief Financial Officer
Tel: 886-3-5770355
E-mail: pr@vis.com.tw

Media ContactĄG
Dana Tsai
Manager, Public & Investor Relations Division
Tel: 886-3-5770355 ext. 1901
Mobile: 0910-296-018
E-mail: dana_tsai@vis.com.tw