Geovision, Inc. reported preliminary consolidated earnings results for the fourth quarter and year ended December 31, 2012. For the quarter, the company reported operating income of TWD 176,555,000, income before tax of TWD 179,875,000 or TWD 3.11 per share on net sales of TWD 572,739,000. Net revenues were 23.8% higher compared to TWD 462.8 million in quarter ended Dec. 31 2011. Operating income was up 18.0% compared to TWD 149.6 million in quarter ended Dec. 31, 2011. Income before tax was 28.9% higher compared to TWD 139.6 million in the quarter ended Dec. 31, 2011.

For the year, the company reported operating income of TWD 620,295,000, income before tax of TWD 618,093,000 or TWD 10.69 per share on net sales of TWD 2,013,983,000. Net revenues were 21.4% from TWD 1,659.0 million in the fiscal year of 2011. Revenues contribution of IP network surveillance products has increased to 59% of the total revenues for the year of 2012. Operating income was up 19.1% from TWD 520.9 million in the year of 2011. Income before tax was up 8.5% from TWD 569.6 million in the year of 2011.