Taipei, Taiwan, April 8, 2019 – Chicony Electronics (TWSE: 2385) today announced its consolidated sales revenue for March 2019 were approximately NT$7.1 billion, jump 43.2 percent from February 2019 and an increase of 7 percent over March 2018.
Chicony March 2019 Revenue Report
Taipei, Taiwan, April 8, 2019 – Chicony Electronics (TWSE: 2385) today announced its consolidated sales revenue for March 2019 were approximately NT$7.1 billion, jump 43.2 percent from February 2019 and an increase of 7 percent over March 2018. Driven by smart home products, such as video doorbell or IP Cam, revenues for January through March 2019 totaled NT$19.2 billion, increased 9.1 percent compared to the same period in 2018. Chicony’s earnings per share of 2018 reached NT$5.22, beyond street consensus. The company will distribute NT$3.8 cash dividends this year, resulting in a 73% payout and a 5.3% dividend yield. The company’s 2019 annual meeting of shareholders will be held on June 5th.