WT Microelectronics (3036 TT) held the Investor Conference today for the third quarter of 2016 and announced the financial results and outlook. Consolidated revenue for the third quarter of 2016 was NT$41.325 billion, operating income was NT$859 million, operating profit margin was 2.08%, and net income after taxes was NT$660 million, and earnings per share was NT$1.40. Consolidated revenue for the accumulated three-quarter of 2016 was NT$98.695 billion, operating profit was NT$2.089 billion, net income after taxes was NT$1.502 billion, and earnings per share was NT$3.19.
Revenue growth of each application in the third quarter of 2016 was better than expectation, especially from Communication sector due to new product launch from smartphone customer. Computing and Industrial sectors delivered double digit percentage quarter-on-quarter growth, especially from notebook, server, cloud computing, security system, instrument, and meter.