RoodMicrotec NV releases unaudited 2021 interim report – QNT Press Release


  • Total revenue EUR 7.3 MeterBillion (HY1 2020: 5 euros4000000)
  • phosphorusprofit After tax EUR 0.4 million (HY1 2020: net loss of 700,000 euros)
  • Cash flow comes from operating activity 0 euros.9 million positive(HY1 2020: 700,000 euros positive)

Derwent, July 22, 2021 —— RoodMicrotec NV, a leading independent semiconductor supply and quality service company, today released its interim report and half-year results for the period ending June 30, 2021.

The total revenue in the first half of 2021 was 7.3 million euros, which was 36% higher than the total revenue in the first half of 2020 and 12% higher than the total revenue reported in the second half of 2020. The overall strong delivery level, as well as the high level of use of raw materials and consumables for SCM project preparation. In the first half of 2021, we have ordered and received wafers for one of our SCM customers to manage the supply chain during the planned change of the assembly plant. The total revenue of these wafers has reached about 400,000 euros, and roughly the same amount has been included in the cost of raw materials and consumables. This resulted in higher total revenue and material costs in the first half of 2021, without affecting net profit. Parts will be delivered within the next twelve months, and only part of the selling price will be included in total revenue. Therefore, total revenue will decrease, but the impact on net profit will be positive.

The profit after tax in the first half of 2021 was 400,000 euros, an increase of 1.2 million euros over the first half of 2020. Lower raw material costs coupled with good cost control have continued to reduce the overall cost in the first half of 2021.

In the first half of 2021, the cash flow from operating activities was positive at 900,000 euros, and the net cash flow was positive at 600,000 euros. In the first half of 2021, there will be very little investment in new equipment, but as demand is forecast to increase, we plan to purchase additional production capacity and capacity in the second half of the year.

it It is very encouraging to see powerful improvementsT in total revenue and net profit inside The first half of the year 2021 this is possible Thank our employees for their dedicationes and good relationship Our customers and suppliers. Global semiconductor supply shortages and logistics challenges have not affected us in…

The full story on Benzinga.com



Source link

Recommended For You

About the Author: Brand Story