2014-01-09

Lite-On 4Q Revenue Breaks Two-Year Records

LiteOn released their December revenue yesterday, announcing that it had reached NT$ 20.18 billion (US $670 million), a monthly and yearly increase of 3 percent and 16 percent respectively making it the highest single month for 2013. Increase of end market demands spurred continual growth for core technologies, said LiteOn. Consolidated revenue for 4Q13 was NT$ 59.23 billion, showing unusually good performance for a slack season with quarterly and yearly growth of 4 percent and 12 percent respectively, the highest single quarter revenue in two and a half years. Revenue for all of 2013 reached NT$ 212.8 billion.
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