Taoyuan, Taiwan (R.O.C) February 25, 2010 – Chroma Ate Inc. (TAIEX: 2360) today announced results for the fourth quarter and fiscal year 2009, which ended December 31st, 2009. The fourth quarter sales revenue was NTD 1,150 million and a net profit of NTD 342 million, with basic earnings per share of NTD 0.99. For the fiscal year 2009, Chroma achieved sales revenues of NTD 3,444 million and a net income of NTD 863 million with basic earnings per share of NTD 2.50. All numbers are stand-alone, and EPS is based on weighted average outstanding shares of 345 million. The consolidated sales revenue of year 2009 was NTD 10,914 million.
As a result of the global economy turnaround, the Company expected to see more sales activities and capital expenditure this year and increase in the demand for automation due to labor shortages in China. Chroma is confident of future prospect and will be focusing on products development and marketing activities in power electronics and clean technology test solution, particularly in LED, solar, battery formation and electrical vehicles.
The Company’s board of directors has proposed the year 2009 dividend pay out of $2.0 (80% of EPS) in cash and $0.3 (12% of EPS) in stock. The dividend will be paid out after the resolution of Annual General Shareholder Meeting, scheduled on 26nd of May, 2010.
Press Release Contact
Jennifer Chien Senior IR Manager
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