SAS announced unconsolidated revenue of NT$8,497.27 million for the 1st half of 2010 on Aug.10th representing an increase of 81.25% compared to the same period in 2009. On a consolidated basis, net sales were NT$9,523.84 million, an increase of 84.47% compared to the same period in 2009.
The record of continuous 41 months high revenue in SAS stopped in January 2009 because of financial crisis. With the global economic recovery, demand for semiconductor, solar energy and LED continues to be strong. The revenue in SAS has been continuous 11 month high till July in 2010 since September 2009. SAS announced profit after tax of NT$1,030.62 million, earnings per share of NT$3.21 for the first half of 2010, an increase of 60% compared to the same period. Compared to the first quarter of 2010, revenue for second quarter was NT$5,165 million representing an 18.86% increase in revenue and 144.95 % increase in earnings per share. The continued out performance in revenue and profits showed a significant trend toward constant and strong growth.
SAS is committed to capacity expansion and strategic planning. The project to expand in Taiwan, China and US to meet customers’ needs is proceeding as planned. The order visibility for the three major production lines is high and global research institutes also estimated that the products demands for solar energy, sapphire will be in steady growth. Therefore, it will help contribute to the revenue this year. In addition, the process improvement and launch of the competitive products will further enhance our profits in the second half.