Silicon Works Co., Ltd. reported earnings results for the second quarter and first half of 2012. For the first half, the company reported revenue of KRW 207,900 million compared to revenue of KRW 143,900 million for the same period a year ago. Operating profit was KRW 21,300 million compared to KRW 11,500 million last year. Net profit was KRW 20,000 million compared to KRW 13,700 million last year. EBITDA was KRW 22,300 million compared to KRW 12,400 million last year. ROE was 17.0% compared to 13.0% last year. The company reported first half of 2012 sales were up 32.1%, half on half (HoH) driven by new Apple products shipment increases and customer diversification.

For the quarter, the company reported revenue of KRW 121,894 million compared to revenue of KRW 77,333 million for the same period a year ago. Operating profit was KRW 13,518 million compared to KRW 4,432 million last year. Net profit was KRW 10,716 million compared to KRW 5,237 million last year. EBITDA was KRW 14,017 million compared to KRW 4,947 million last year. Income before incomes taxes was KRW 14,944 million compared to KRW 6,146 million last year. Cash generated by operating activities was KRW 19,845 million compared to KRW 22,147 million last year. Acquisition of property, plant and equipment was KRW 318 million compared to KRW 239 million last year. The company reported second quarter of 2012, sales was up 41.8% quarter on quarter (QoQ), 57.6% year on year (YoY) due to boosting sales of high-end smart book products.