HSINCHU, Taiwan, March 17, 2014 – Accton Technology Corporation (Accton) (TWSE: 2345), a premier provider of communication solutions, today reported the financial results for its fourth quarter and year ended December 31, 2013. The consolidated sales revenue for fourth quarter was NT$6.01 billion, an increase of 6.6% QoQ, and net income was NT$158 million.
The cumulative consolidated sales revenue for the year ended December 31, 2013 totaled approximately NT$22.63 billion, a decrease of 16.24% year-on-year. Net income for the twelve-month period ended December 31, 2013 was NT$559 million, or NT$1.06 per share.
The percentage of sales for each product line for the fourth quarter of 2013 is 78.88 percent for switch, 15.26 percent for WLAN, 3.12 percent for broadband & gateway, and 2.74 percent for others.
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