Investors
2022.05.05
05
2022.05

Press Release for HannStar’s 1Q 2022 Results

 
 
Taipei City, Taiwan, HannStar Display Corporation (TAIEX: 6116, Luxemburg: HNND) today announced 1Q22 consolidated results. Net sales totaled NT$4,956 million, deceased by 6% QoQ. Gross profit was NT$ 748 million, operating income came in at NT$ 294 million, net loss reached NT$ 429 million, basic EPS was NTD -0.15. As of 30 March 2022, net worth per share was NT$17.25. Gross, Operating, EBITDA, and Net margin were 15%, 6%, 19%, and -9%, respectively.
 
NT$ mn 1Q 2022 4Q 2021 1Q 2021
Net Sales 4,956 5,268 7,888
Gross Profit(Loss) 748 197 3,800
Operating Income (Loss) 294 (597) 3,196
EBITDA 960 58 3,788
Income(Loss)before Tax (362) 322 3,466
Net Income (Loss) (429) 1,148 3,036
Net Profit Attributable to Owners of Company (429) 1,148 3,036
Basic Earning per share (NT$)1 (0.15) 0.38 1.00
Gross margin 15% 4% 48%
Operating margin 6% (11%) 41%
EBITDA margin 19% 1% 48%
Net margin (9%) 22% 38%
Net Worth per share 17.25 17.28 15.71
Source: Based on ROC IFRS

Note:
1.1Q22 basic EPS is based on 2,929.23 million shares. 4Q21 basic EPS is based on 2,996.63 million shares. 1Q21 basic EPS is based on 3,027.19 million shares. (Weighted average outstanding shares)

1Q22 total shipments decreased by 6.2% QoQ, reached 4,031K (19” equivalent units) and blended ASP reached US$44. In 1Q22 total shipments of small & medium-sized panel shipment reached 93.47 million pieces, large-sized panel reached 0.28 million pieces, and Hannspree products shipment reached 70 thousand sets.  In terms of product mix, small-sized mobile phone panel, 6.1”~10.4” medium-sized panel, and above 11” product accounted for 29%, 58%, and 12% of total product sales, respectively.


Spokesperson: Justin Chien
TEL:+886-2-5555-0077
E-mail: ir@hannstar.com
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