Taoyuan, Taiwan (R.O.C) April 27, 2010 – Chroma Ate Inc. (TAIEX: 2360) today announced results for the first quarter in the fiscal year 2010, which ended March 31st, 2010. The first quarter sales revenue was NTD 1,174 million and a net profit of NTD 331 million, with basic earnings per share of NTD 0.96. All numbers are stand-alone, and EPS is based on weighted average outstanding shares of 346 million. The consolidated sales revenue of the first quarter 2010 was NTD 3,306 million.
The sales in the first quarter was mainly benefited from the IT recovery, particularly in power and LCD sectors, and the clean technology related product lines - solar and LED. The Company expected to see a strong market demand and capital expenditure growth in the coming quarters, which is able to sustain the growth momentum in the second quarter.
The dividend payout of $2.0 (80% of EPS) in cash and $0.3 (12% of EPS) in stock will be allotted in mid-year after the Annual General Shareholder Meeting, scheduled on 26nd of May 2010.
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