HANA Microelectronics Group. : Content Management
Press Releases

Group Consolidated Result First Quarter Ended [31th March, 2022]

´╗┐Hana Microelectronics Public Company Limited
GROUP CONSOLIDATED RESULT
First QUARTER ENDED 31st March, 2022
Hana Microelectronics Group 'Hana' Sales Revenue increased 17% year on year to THB 6.1 billion for the first quarter of 2022 from THB 5.2 billion for the first quarter 2021. Sales Revenue in USD terms increased 7% to USD 185m in Q1 2022 from USD 172m in Q1 2021. Earnings from Operations increased 3% to THB 384m in Q1 2022 from THB 373m in Q1 2021.


HIGHLIGHTS
Quarter 1 2022 sales revenue for the group increased 7% year-on-year in USD terms to USD 185m from
USD 172m in Q121. The average exchange rate for Q122 was 9% weaker at THB/USD 33.1 from THB/USD
30.3 in Q121. As a result the sales revenue in THB terms increased 17% year on year for the quarter.
Year-on-year, in USD terms, the microelectronics divisions sales increased by 9%. Sales in Lamphun increased
7% and Jiaxing increased by 15% year on year. The IC divisions sales revenues increased 1% in Q122, with revenues
of the IC division in Ayutthaya decreasing 0.5% and Jiaxing increasing by 17%. Hana Technologies Inc, "HTI" the
Microdisplay/RFID operation in Ohio sales revenue increased 33% in Q122 from Q121.

Quarter-on-Quarter, in USD terms, sales for the group decreased 2% to USD 185m in Q122 from USD 187m in
Q421. Sales in the microelectronics divisions increased 3% with Lamphun increasing 14% and Jiaxing
decreasing 24%. Sales revenues from the IC divisions decreased 8% in Q122 from Q421 with Ayutthaya sales
decreasing 9% and Jiaxing IC sales decreasing by 4%. HTI sales decreased 6% in Q122 compared to Q421.
The Gross Profit margin decreased 1 percentage point to 11% in Q122 from 12% Q121. Gross Margin in Q122
decreased despite higher Revenue during the quarter due to lower Gross Profit (Loss) for Korean IC THB 89m.
Year-on-year Earnings from Operations, were 3% higher at THB 384m in Q122 compared to THB 373m in Q121.
The Operating margin was down 1 percentage point to 6% in Q122 from 7% in Q121. SG&A expenses were 19%
higher in Q122 than Q121 due to THB 28m higher R&D expenses at the Korean IC subsidiary and higher salary
expenses in China subsidiary.


x
This website uses cookies to provide you with a best browsing experience. By using this website you consent to our use of cookies and Privacy Policy. Accept