CipherLab Announces Full-Year Financial Results CipherLAB today announced consolidated revenue of NT$ 1,454 million, a 7.4% decrease compared to 2007, and net income of NT$295 million, a 30.5% decrease compared to 2007 and earnings per share of NT$ 4.19 for 2008.
1. Gross margin for 2008 full year was 58%
2. Operating margin was 27%
3. Net profit margin was 20%
4. Product Mix for 2008 was 67%, 24% and 9% for Mobile computer, Hand-held scanner and others, respectively.
5. Regional sales contribution: Direct account: 19%, America: 14%, Asia-Pac: 16%, EMEA: 41% and China: 10%.
Influenced by worldwide economic downturn and serious currency fluctuation in some emerging markets, we saw the customers’ inventory was adjusted significantly. The demand for the fourth quarter, which usually the hot season of year, became very conservative across all applications.