Aug 30, 2000

Accton Technology Corp. and Systex Corp., two major network concept shares in the local stock market, enjoyed better after-tax earnings per share performances than expected in the first half.

During the January-June period, the firm rang up NT$4.83 billion worth of revenue, up somewhat from the NT$4.7 billion registered in the same period in 1999. The firm enjoyed an average profit margin of 15.5% in first half.

Accton's after-tax profit of NT$330 million translates into EPS of NT$1.14, up 58% from the NT$0.72 registered in the last year. Kou Fei-lung, vice president of Accton, said that the firm's revenue will grow considerably in the second half. Revenue is expected to reach NT$12.5 billion and pretax profit NT$600 million this year.

Systex announced that its after-tax profit totaled NT$604 million in the first half, translating into EPS of NT$1.3. The firm expects its after-tax profit will meet the target NT$108.6 billion set for 2000, translating into EPS of NT$2.23.