Nanya Technology Corporation Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2014
January 29, 2015 at 10:32 am
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Nanya Technology Corporation reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2014. For the quarter, the company reported net sales of TWD 12,409 million against TWD 11,950 million a year ago. Operating income was TWD 5,169 million against TWD 1,460 million a year ago. Income before income tax was TWD 10,170 million against TWD 4,290 million a year ago. Profit from continuing operations was TWD 8,575 million against TWD 4,261 million a year ago. Net income attributable to the company was TWD 8,569 million against TWD 3,957 million a year ago. EPS was TWD 3.56 against TWD 1.66 a year ago. Book value per share as at December 31, 2014 was TWD 17.17 against TWD 0.41 a year ago. The quarterly sales revenue decrease was mainly due to 2.8% decrease in bit shipment and a 4.8% decrease in average selling prices.
For the year, the company reported net sales of TWD 49,108 million against TWD 45,224 million a year ago. Operating income was TWD 18,820 million against TWD 4,961 million a year ago. Income before income tax was TWD 31,741 million against TWD 9,060 million a year ago. Profit from continuing operations was TWD 29,269 million against TWD 9,021 million a year ago. Net income attributable to the company was TWD 28,242 million against TWD 8,138 million a year ago. EPS was TWD 11.77 against TWD 3.40 a year ago.
Nanya Technology Co., Ltd. is a Taiwan-based company mainly engaged in the development, manufacture and sales of memory products. The Company operates through Japan segment, United Stated segment, manufacture segment and other segment four business segments. The Manufacture segment is engaged in the manufacture and sale of semiconductor products, and the Japanese and United States segments are engaged in the sale of semiconductor products. The Company provides dynamic random access memory (DRAM) chips, including double data rate (DDR) DRAM chips, DDR2 DRAM chips, DDR3 DRAM chips and DDR4 DRAM chips, as well as low power double data rate (LPDDR), LPDDR2 and LPDDR3 memory products. The Company also provides semiconductor original equipment manufacturing (OEM) services. DRAM products are mainly used in personal computers and other electronic products. Products are mainly sold to mainland China, Taiwan, Japan, the United States, Europe and other regions.