Letter to Shareholders
Dear Fellow Shareholders,
We deeply appreciate your support for Accton last year. The following is a brief summary of our operational performance in 2016.
The cumulative consolidated sales revenue for the year ended December 31, 2016 totaled approximately NT$29.369 billion, an increase of 18.72% year-on-year. Net income for the twelve-month period ended December 31, 2016 was NT$1.88 billion, an increase of 61.9% year-on-year, and NT$3.51 per share. Network switches accounted for 66% of the cumulative consolidated sales revenue, network access equipment accounted for 14%, and wireless products accounted for 5%.
We sincerely appreciate the long-term support and encouragement from every esteemed shareholder. In consideration of permanent business management and maximum profit for shareholders, we will continuously improve efficiency and innovate developing technologies. Once again, I thank all of my Accton colleagues for your dedication and contributions, and also greet every esteemed shareholder with a healthy, prosperous, and lucky new year enjoying the best preparation for our thriving future.
Chairman of Accton Technology Corporation