ASM Technologies Ltd. Reports Consolidated Unaudited and Standalone Audited Earnings Results for the Quarter and Nine Months Ended December 31, 2011
January 27, 2012
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ASM Technologies Ltd. reported consolidated unaudited and standalone audited earnings results for the quarter and nine months ended December 31, 2011. For the quarter, the company reported consolidated unaudited net sales of INR 381.882 million compared to INR 248.516 million a year ago. Profit before other income interest and tax was INR 37.450 million compared to INR 19.811 million a year ago. Profit before interest and tax was INR 49.796 million compared to INR 21.822 million a year ago. Profit from ordinary activities before tax was INR 41.884 million compared to INR 18.920 million a year ago. Net profit from ordinary activities after tax was INR 30.105 million compared to INR 14.643 million a year ago. Profit for the period was INR 28.386 million or INR 5.68 per share compared to INR 14.553 million or INR 2.91 per share a year ago.
For the nine months, the company reported consolidated unaudited net sales of INR 1,070.153 million compared to INR 728.885 million a year ago. Profit before other income interest and tax was INR 116.326 million compared to INR 64.408 million a year ago. Profit before interest and tax was INR 135.741 million compared to INR 67.831 million a year ago. Profit from ordinary activities before tax was INR 135.741 million compared to INR 67.831 million a year ago. Net profit from ordinary activities after tax was INR 87.250 million compared to INR 44.148 million a year ago. Profit for the period was INR 80.636 million or INR 16.13 per share compared to INR 43.364 million or INR 8.67 per share a year ago.
For the quarter, the company reported standalone audited net sales of INR 201.915 million compared to INR 160.087 million a year ago. Profit before other income interest and tax was INR 26.662 million compared to INR 22.539 million a year ago. Profit before interest and tax was INR 34.658 million compared to INR 24.550 million a year ago. Profit from ordinary activities before tax was INR 29.957 million compared to INR 22.063 million a year ago. Net profit from ordinary activities after tax was INR 20.701 million compared to INR 17.782 million a year ago. Profit for the period was INR 20.597 million or INR 4.12 per share compared to INR 17.692 million or INR 3.54 per share a year ago.
For the nine months, the company reported standalone audited net sales of INR 531.297 million compared to INR 435.296 million a year ago. Profit before other income interest and tax was INR 71.474 million compared to INR 62.532 million a year ago. Profit before interest and tax was INR 81.249 million compared to INR 65.955 million a year ago. Profit from ordinary activities before tax was INR 71.424 million compared to INR 57.964 million a year ago. Net profit from ordinary activities after tax was INR 50.198 million compared to INR 46.412 million a year ago. Profit for the period was INR 49.515 million or INR 9.90 per share compared to INR 45.628 million or INR 9.13 per share a year ago.
ASM Technologies Limited is engaged in providing consulting services in the areas of engineering services and product engineering services with offshore development and support centers in India and overseas. The Companyâs segments include Manufacturing and Other than Manufacturing. Its technology includes wafer metallization and packaging, digital transformation, electric vehicle, advanced driver assistance system (ADAS), autonomous vehicle, and robotics. It provides a range of services, which includes automation solutions, compromise assessment, digital engineering, engineering services, driver assistance system, robotics, product life cycle, Internet of Things (IoT), and virtual reality/augmented reality, among others. Its automation solutions include robot-based automation solutions, mechatronics solutions, and image-based solutions. Its digital engineering services include mechanical design, electrical and electronics, embedded and digital services, and product development.