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Getac Reports Fourth Quarter 2017 Results. Earnings Per share is NT$3.38.

2018.03.28

Getac Technology Corporation (TSE:3005), a global leading rugged computing solution and mechanical solution provider, at a meeting of the Board of Directors held today, approved its audited financial results for the fourth quarter ended on December 31, 2017.

2017 Full Year Result Highlights:

Consolidated Revenue was NT$22,197 million, up 8.77% YoY.
Operating income was NT2,513 million, up 14.02% YoY.
Net income after tax attributable to the parent was NT$1,910 million, down 8.17% YoY as Getac’s equity accounted investee company, Waffer Technology Corporation, sold the shares of its C&M Plant in Shanghai in 2016, resulting Getac to recognize a one-off gain of NT$465 million. Excluding this one-off gain, net income after tax for 2017 is 18.27% higher than 2016 year-over-year.
Earnings per share (EPS) was NT$3.38, less than that of NT$3.68 in 2016. The Getac Board of Directors today also adopted a proposal recommending a cash dividend of $2.5 per common share. The proposed earing distribution is scheduled to be discussed and decided at the Company’s Annual General Meeting (AGM) on June 22, 2018.

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