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Catcher Technology Reports 2014 Q1 Financial Results

By Vincent Wang
Published: Apr 29,2014

TAIPEI, Taiwan — Catcher Technology today announces its 2014 Q1 financial results. The net sales of 2014 Q1 was NT$10,416 million, down 20.6% q-q, but up 12.8% y-y. The gross profit of 2014 Q1 was NT$4,303 million, down 21.3% q-q, but up 11.7% y-y. The operating income of 2014 Q1 was NT$3,208 million, down 22.0% q-q, but up 9.5% y-y.

Catcher is a world leader in the light metal casing industry. With a focus on notebook PC, smartphone , tablet , DSC and MP3 market, Catcher is actively engaged in the R&D of varied materials and advanced technologies with the aim to strengthen its leading position.

The net profit before tax of 2014 Q1 was NT$3,859 million, down 16.1% q-q, and down 17.0% y-y. Net profit after tax of 2014 Q1 reported NT$2,984 million, down 14.1% q-q, and down 23.9% y-y. The basic earnings per share of 2014 Q1 was NT$ 3.97. EPS of 2013 Q4 and Q1 was NT$ 4.62 and NT$5.22.

From the age point of view, the gross margin of 2014 Q1 was 41.3%, down 0.4 % q-q and y-y. The operating profit margin of 2014 Q1 was 30.8%, down 0.6 % q-q and down 0.9 % y-y.

The net profit margin before tax of 2014 Q1 was 37%, up 2.0% q-q but down 13.4% y-y. The net profit margin after tax of 2014 Q1 was 28.6%, up 2.1 % q-q but down 13.9% y-y.

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