Stocking distributor of Electronic Components

March 14th, Yageo reports its fourth-quarter and full year results of 2018

Yageo Corporation (TAIEX: 2327 TW) today announced its fourth-quarter results of 2018. Net consolidated sales reported NT$ 16,219 million, up 68.0% y-o-y but down 47.1% q-o-q. Net consolidated profits after tax attributable to parent company in the fourth quarter reported NT$ 4,278 million or NT$ 10.11 earnings per share. Gross margin rate posted 59.1%, up 15.4% percentage point y-o-y but down 10.2% percentage point q-o-q. The operating income reached NT$ 4,552 million with 28.1% of operating profit margin, down 6.9% percentage point y-o-y and 27.2% percentage point q-o-q, respectively. Non-operating items posted a net gain of NT$ 630 million in the fourth quarter, including realized and unrealized net gain on foreign exchange NT$ 476 million, investment income under equity method NT$ 35 million, net interest income NT$ 187 million, and other net loss of NT$ 68 million.