Yageo posts NT$5.02bn net profit in Q1
By Chen Cheng-hui / Staff reporter
Passive components maker Yageo Corp (國巨) on Thursday reported first-quarter net profit of NT$5.02 billion (US$178.6 million), up 35.5 percent quarter-on-quarter and 113.8 percent year-on-year.
Earnings per share were NT$10.17, the highest in 10 quarters, the company said in a regulatory filing.
First-quarter revenue was NT$23.75 billion, up 6.9 percent quarter-on-quarter and 136.9 percent year-on-year, the company said, adding that sales in the first three months this year were the highest first-quarter sales in the company’s history.
The headquarters of Yageo Corp in New Taipei City’s Sindian District are pictured in an undated photograph.