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Acter Co., Ltd approved FY 2017 dividend NTD 14.5 at annual shareholders meeting and kept the dividend payout ratio above 65% of previously 7 consecutive years.

 

Acter Co., Ltd.(will be abbreviated as “Acter” in the after, stock code :5536) held FY 2017 annual shareholders’ meeting on May 30th, 2017 and the shareholder approved the business report、the financial statements、the surplus earning distribution, Acter will pay cash dividend NTD 13 and stock dividend NTD 1.5 per share, the FY 2017 dividend payout ratio reached 80% high standard. Acter also re-election whole directors at the meeting, including independent director, the terms will from May 30th, 2018 till May 29th, 2021.

 

Key Highlights

The annual shareholders meeting approved FY 2017 the business report and the financial statements, the annual revenue NTD 11.44 billion is the new record and with 36% annual growth rate, the net income、EPS、ROE and ROA is NTD 0.84 billion、NTD 18.17、24.41% and 9.68% respectively.

 

The main reason of Acter FY 2017 high performance is Semi-conduct、Optoelectronics and Panel industries built new factories and expanded capacity in Taiwan and China area, it generated huge demand of clean room and electromechanical engineering. Acter revenue from those industries grew 50% than FY 2016 and 58% of FY 2017 revenue, those high-end product also raised gross profit and operation income till 18% and 12%.

 

The total dividend yield rate is 6.42% under the May 29th, 2018 closing price NTD 226.

 

2018 Outlook

According IC Insights report, they estimated the global semi-conduct capital expenditures will reach USD 100 billion at 2018, those steady requirement is from China area Semi-conduct aggressive investment, it generate big requirement on Clean Room and electromechanical engineering, Acter will directly get the benefit from Chinese government’s national strategies to develop Semi-conduct、Optoelectronics and Panel industries. Acter provide Clean Room related service at those industries already over 20 years, especially sophisticated at dust control、humidity control and air pressure control, its internal know-how to integrated various engineering items will be a competitive advantage to provide high-end product to Technology industry.

 

Beside the Clean Room and electromechanical engineering service, the liquid-gas chemistry system and general using electromechanical engineering need to cultivate, Acter also seeks more opportunities to cooperate with Packaging and LED industries to keep long-term growth energy

 

Acter joined the Fourth Corporate Governance Appraisal Awards Ceremony that be held by Taiwan Stock Exchange and Taipei Exchange on May 29th, Acter be ranked as Top 5% in all listed companies for 3 consecutive years. Acter believes through good corporate governance mechanism and improve information transparency will be maximize shareholders' equity and hits the sustainable operation target.

 

(attachment I)Acter FY 2013~2017 operation performance and dividend:

  2017 2016  2015 2014 2013
gross profit ratio   17.87%  15.59% 12.99% 8.21% 12.00%
Operating Profit Margin  12.04% 7.15%  5.59% 0.71% 6.52%
EPS (Unit: NTD) 18.17 9.45 9.02 2.06 10.11

Cash dividend (Unit: NTD)

13.0 8.0 6.0 2.0 10.0

Stock dividend (Unit: NTD)

1.5 0.0 0.0 0.0 0.0

 

For further information, please contact:

Acter Co., Ltd:  Spokesman  Mrs. Angie Tsao  (04)2261-5288  ir@acter.com.tw