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Getac Reports Fourth Quarter 2016 Results Getac proposing a cash dividend of NT$3 per share


Taipei, Taiwan, 29th, March 2017-—Getac Technology Corporation (TSE:3005), a global leading rugged computing solution and mechanical solution provider, at a meeting of the Board of Directors held today, approved its quarter four financial results ended in December 31, 2016 and also resolved annual dividends for the financial year of 2016.


Cumulative Q4’16 (January through December) Highlights:

  • Consolidated Revenue was NT$20,407 million, up 11.30% YoY.
  • Operating Income was NT$2,204 million, up 52.63% YoY.
  • Net income after tax attributable to the parent was NT$2,080 million, up 63.27% YoY.
  • Earning per share (EPS) was NT$3.68.
  • Q4’16 Highlights:
  • Consolidated revenue was NT$6,029 million, up 18.24% YoY.
  • Operating income was NT$678 million, up 33.46% YoY.
  • Net income after tax attributable to the parent company was NT$955 million, up 161.64% YoY. The increase was driven by an incease of net profit from the company’s core business operations and a recognized gain of NT$465 million from the disposal of subsidiary C&M Technology (Shanghai) Ltd. by Getac’s equity-method investee, Waffer Technology Corporation. Excluding this one-time gain, the net income after tax attributable to the parent was NT$490 million as compared to NT$365 million of the same period of time last year, representing a 34.25% increase year-on-year.
  • Earning per share (EPS) was NT$1.69.


In addition, Getac’s Board of Director meeting also resolved to pay a cash dividend of NT$3  per share for the year 2016, and the proposed dividends will be submitted to annual shareholder meeting on June 23rd , 2017 for approval upon the resolution of the board of directors.