WT Microelectronics (TWSE : 3036) today announced its monthly sales for January 2014 totaled NT$7.869 billion, an increase of 0.76% from December 2013 and an increase of 3.03% over January 2013.

WT Microelectronics (TWSE : 3036) today announced its unaudited monthly sales for December 2013 totaled NT$7.809 billion, a decrease of 2.10% from November 2013 and an increase of 17.21% over December 2012. Aggregated sales for the fourth quarter 2013 reached NT$23.450 billion, an increase of 0.76% from the third quarter 2013 and an increase of 14.56% over fourth quarter 2012. Aggregated sales from July through December 2013 reached NT$ 46.724 billion, an increase of 13.87% over sales from January through June 2013. Sales for January through December 2013 totaled NT$87.759 billion, an increase of 9.22% compared to the same period in 2012.

WT Microelectronics (TWSE : 3036) today announced its monthly sales for November 2013 totaled NT$7.977 billion, an increase of 4.10% from October 2013 and an increase of 11.41% over November 2012. Sales for January through November 2013 totaled NT$79.949 billion, an increase of 8.50% compared to the same period in 2012.

WT Microelectronics (TWSE : 3036) today announced its monthly sales for October 2013 totaled NT$7.663 billion, a decrease of 6.17% from September 2013 and an increase of 15.30% over October 2012. Sales for January through October 2013 totaled NT$71.971 billion, an increase of 8.18% compared to the same period in 2012.

WT Microelectronics (3036 TT), a Taiwan based IC distributor, today held its earnings conference for the third quarter of 2013 and announced financial results and future outlook. Consolidated revenue for the third quarter of 2013 was NT$23.274 billion, representing an increase of 10.73% compared with the second quarter of 2013. Gross profit margin for the quarter was 5.83%, operating profit was NT$489 million, operating profit margin was 2.10%, net income before taxes was NT$ 447 million, net income after taxes was NT$ 360 million, ratio for net income after taxes was 1.55%, and earnings per share was NT$1.07.

Consolidated revenue for the third quarter of 2013 was approaching the higher end of the original guidance of NT$ 23.5 billion and hit a record high. Revenue contribution from the low margin business such as computing and smartphone both increased. As the effect of product mix change, gross profit margin for the third quarter was in line with guidance to decrease by 0.12 ppts sequentially. Due to an appropriate expenses control, operating expenses ratio decreased from 3.94% for the second quarter to 3.73% for the third quarter and resulted in a higher operating profit margin which increased from 2.01% for the second quarter to 2.10% for the third quarter. Net income after taxes increased to pass NT$ 37 million. As a consequence of significant decrease in inventory, Inventory turnover day was better than expected, dropped from 59 days for the second quarter to 53 days for the third quarter.

Looking forward, the company now expected consolidated revenue for the fourth quarter of 2014 to be between NT$21.6 billion and NT$22.8 billion; gross profit margin to be between 5.7% and 5.9%; operating expenses to be slightly down sequentially; operating profit margin to be between 1.85% and 2.05%; inventory turnover day to be slightly up compared with the third quarter of 2013.