MediaTek shares for sale, MediaTek doubling profits in the fourth quarter

MediaTek benefit from the transfer of part of the equity transfer to the top of the investment, 挹 note profit of up to 7.65 billion NT, announced on the 27th large-scale Q4 profit target more than doubled, a single quarter net profit of up to 5.66 yuan per share 7.01 yuan.

MediaTek originally expected by the non-handset product line into the off-season impact, the fourth quarter revenue of about 59.2 to 64.3 billion yuan, down 7% quarter to quarter increase of 1%; gross margin was 34.5% to 37.5%, the median value of the first 36.4% of the 3 quarters slightly declined; business interests of about 2.778 billion to 33.95 billion yuan, down 31.5% to 44%, net income per share of about 2.18 to 2.67 yuan.

However, MediaTek has announced last Wednesday (22), the hands of the top holdings of 22,772,29 shares sold to China's National IC Industry Investment Fund, an estimated profit of about 7.65 billion yuan.

As the actual profitability and the original financial test differences, MediaTek yesterday announced a major increase in the fourth quarter profit target, net profit per share is expected to reach 5.66 to 7.01 yuan this year full-year net profit of 14.72 to 16.07 yuan per share, There is a chance of 15.16 yuan last year.

According to MediaTek's announcement at the time, Huafa International, a subsidiary of the Company, still held a total of 72.525 million shares, representing a shareholding ratio of approximately 15.91%.

Interrupted by China Mainland's 11th holiday, MediaTek's revenue in October slightly dropped to 21.012 billion yuan, down 5.3% month on month, which was in line with expectations. According to the performance of MediaTek in October, the average forecast for November and December Monthly revenue will fall between 19,094 million to 21.644 billion yuan, the quarter revenue will be easily standard.

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