Unimicron Technology Q2 after-tax profit hits NT$1.05 bln

Jul. 29, 2009 (China Knowledge) - Taiwan-based printed circuit board manufacturer Unimicron Technology Corp posted NT$1.05 billion of after-tax profit in the second quarter of this year, with earnings per share standing at NT$0.96, compared with a loss of NT$15 million the firm recorded in the first quarter, sources reported.

The consolidated revenue in Q2 2009 was NT$10.57 billion. The gross margin jumped from 6% in Q1 to 18% in the latest quarter, which is the highest one in the past six quarters.

Unimicron Technology's Q2 revenue mainly came from the telecom sector and cell phone business. The telecom sector contributed 46% of the revenue, while the integrated circuit took 24%, the consumer electronics sector of 21% and the notebook of 8%.

The firm's capacity utilization was about 90% in Q2, thanks to the consumer electronics business which shows strong demand of integrated circuit carriers and PCB applications. Meanwhile, the firm shipped 70 million units of cell phone relevant boards during the period, up from 52 million units of Q1.

However, Unimicron Technology held a conservative outlook for the third quarter.

The Q1 loss negatively impacted the firm's after-tax profit in the first half of this year, which was NT$1.03 billion, down 29.52% year on year.