Economy
Financial Markets
Commodities
Industries
Energy
Real Estate
Local listed Company
Overseas-listed Company
Foreign Company
Industrial Parks


 
Company - Overseas
 Search News  Or
Actions Semiconductor turns profit into loss in Q4 2011

Jan. 25, 2012 (China Knowledge) - Nasdaq-listed Actions Semiconductor Co Ltd<ACTS>, one of China's leading fabless semiconductor companies, suffered a net loss of US$110,000 in the fourth quarter of 2011, whereas it earned US$2.6 million in net profit attributable to shareholders from the third quarter of 2011.

The company's net loss for the fourth quarter of 2010 was US$150,000.

In the fourth quarter of 2011, Actions Semiconductor saw its operating revenue reach US$12.3 million, compared with US$15.3 million in the third quarter of 2011 and US$10.7 million in the fourth quarter of 2010.

Gross margin for the fourth quarter of 2011 stood at 37.6%, compared with 40.6% from the third quarter of 2011 or 37.1% from 2010.

As of Dec. 31, 2011, the company had US$33.2 million in cash.

For the whole year of 2011, the fabless semiconductor company's unaudited net profit attributable to shareholders amounted to US$3.1 million, and the firm's operating revenue for last year totaled US$47.5 million.

In addition, Actions Semiconductor aims to reap between US$9 million and US$10 million in operating revenue in the first quarter of 2012 with projected gross margin of 38%.






Add this     
Copyright © "2015" www.chinaknowledge.com

Send feedback or comments to: news@chinaknowledge.com

For more news, financial weekly reports, business guides to China, Market Research Reports and other premium information, subscribe to China Knowledge today

To access our page on Bloomberg, type CKFI (GO)

 Our Professional Services

 E-Store

 News Archive
About Us | CSR | Media Center | E-Newsletter | E-Store | Contact Us | Feedback | Sitemap | Privacy Policy | Terms of Use  

           Copyright © 2014 China Knowledge Online. All Rights Reserved