CPT (TAIEX: 2475) today (10/30) announced the financial results of 3Q09. Consolidated sales for 3Q09 approximated NT$19,246 million, up 61.9% QoQ and down 26.7% YoY. TFT consolidated sales revenue totaled NT$17,208 million; representing a 70.1% increase QoQ and a 20.6% decrease YoY. The large-sized panel shipments in 3Q09 totaled 5,175 thousand, up 37.9% QoQ. The revenue generated by small- and medium-sized panels reached NT$3,677 million, up 30.9% QoQ. Meanwhile, the shipments of small- and medium-sized panels were 43,793 thousand, up 17.5% QoQ. TFT 3Q09 gross margin increased to -8.5% from -59.6%. 3Q09 consolidated Income before tax increased to NT$-4,677 million from NT-$9,688 million in 2Q09. 3Q09 Inventory turnover days decreased to 33 days from 43 days in 2Q09. Consolidated sales revenue of CRT business totaled NT$2,037 million, up 15.1% QoQ.
CPT’s Consolidated Income Statement for 3Q09 (1) (2)
Unit: NT$ million except per share data
3Q09 Consolidated Income Statement
3Q09 TFT BU Consolidated Income Statement
Amount
%
Amount
%
Net Sales
19,249
100.0
17,208
100.0
Gross Profit
(1,821)
(9.5)
(1,463)
(8.5)
Operating Income
(4,514)
(23.5)
(3,913)
(22.7)
Income after tax
(4,823)
(25.1)
EPS (NT$) (3)
(0.35)
-
-
-
Note: (1) The consolidated financial reports are based on ROC GAAP. (2) All consolidated financial reports provided by CPT are un-audited. (3) EPS is diluted EPS for income after tax.
CPT’s TFT-LCD Large Size Panel Shipment and Product Mix for 3Q09
3Q09
2Q09
Shipment (Unit:K pcs)
5,175
3,752
Monitor Panel (%)
50%
52%
Notebook Panel (%)
30%
38%
TV Panel (%)
20%
10%
[Contact] IR Dept. Yu-Ling Chen
Tel: (886)-03-367-5151 ext. 3998