fitipower integrated technology inc. reports fourth-九游会登陆

fitipower integrated technology inc. reports fourth-quarter and

  full-year consolidated results at the analyst meeting.

  4q22 consolidated revenue of nt$4,129 million, down 1.4 % from previous

  quarter and 34.4% year-over-year

  4q22 consolidated gross margin of 26.7%, down 4.3 percentage points from

  previous quarter and 20.8 percentage points year-over-year

  4q22 consolidated operating income of nt$330 million, down 26.6% from

  previous quarter and 83.3 % year-over-year

  4q22 consolidated net income of nt$298 million; eps of nt$1.87

  2022 consolidated revenue down 13.9% year-over-year to nt$19,680 million

  with eps of nt$16.49

  consolidated revenue

  fitipower integrated technology inc. today announced financial results

  of fourth-quarter ended dec 31, 2022. the fourth-quarter revenue was

  nt$4,129 million, down 1.4% sequentially and 34.4% year-over-year.

  the quarter-over-quarter and the year-over-year decreases were mainly

  due to each-sized driver ic and power ic products with lower demand.

  full year 2022 revenue totaled nt$19,680 million, down 13.9% from 2021.

  consolidated gross profit and gross margin

  the fourth-quarter gross profit was nt$1,106 million, down 15.3%

  sequentially and  63.1% year-over-year. gross margin for the quarter

  was 26.7%, down 4.3 percentage points sequentially and 20.8 percentage

  points year-over-year. the quarter-over-quarter and the year-over-year

  decreases in gross margin were mainly due to product mix changes.

  full year 2022 gross profit was nt$7,145 million, down 33.0%

  year-over-year. gross margin for 2022 was 36.3%, down 10.3 percentage

  points year-over-year.

  consolidated net income, net profit margin and eps

  net income for the quarter was nt$298 million, down 36.9%

  sequentially and 80.1% year-over-year. net profit margin for

  the quarter was 7.2%, lower than 11.2% previous quarter and 23.8% in

  the year-ago quarter. eps was nt$1.87, down from nt$2.48 in the prior

  quarter and nt$7.45 in the year-ago quarter. the quarter-over-quarter

  decreases in net income ,net profit margin and eps were mainly due to

  lower revenue and product mix changes. the year-over-year decreases in

  net income ,net profit margin and eps were mainly due to lower revenue.

  full year 2022 net income was nt$3,269 million, down 48.8% year-over-year.

  accumulated eps was nt$16.49 for the year, compared with nt$33.83 in 2021.