Faraday Technology Corp. has announced its unconsolidated operating results for the quarter ended September 30, 2007. The third quarter revenue was NT$1,401 million, while net income and basic earnings per share came to NT$367 million and NT$1.09 per share, respectively.
Thanks to a higher percentage from ASIC mass production business, the revenue of 3Q07 increased 21.4 percent compared to 2Q07. The gross margin of 3Q07 was 47.3 percent. The operating income was NT$329 million, and operating margin was 23.5 percent. Net income was NT$367 million, down 0.5 percent over the previous quarter, and down 4.8 percent over the same period last year.
The unconsolidated sales revenue from the first three quarters this year were NT$3,702 million, gross margin and net margin were 51.1 percent and 35.5 percent respectively. The accumulated EPS was NT$3.90, higher than the same period of 2006, NT$3.54.
