Capacitor maker Chinsan reports earnings for 2Q16
Capacitor maker Taiwan Chinsan Electronic Industrial has reported net profits of NT$107 million for the second quarter of 2016, down 16.4% on quarter but up 39% on year. EPS stood at N$1.04 for the quarter.Gross margin stood at 31.28% for the second quarter and 32.81% for the first half of 2016. Net profits totaled NT$234.62 million, increasing 28.45% from a year earlier. EPS reached NT$2.29 for the January-June period.The company’s July revenues came to NT$290.73 million, increasing 3.57% from a year earlier. Accumulated 2106 revenues through July amounted to NT$1.912 billion, up 10.77% on year.The company’s stock price stayed unchanged at NT$49.50 on the Taiwan Stock Exchange (TSE) during the August 17 session.