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VIS Quarterly Sales Report - The Fourth Quarter 2019
Hsinchu, Taiwan, February 21st, 2020 - Vanguard International Semiconductor Corporation today announced its consolidated revenue of NT$7,334 million, net income of NT$1,497 million, and EPS of NT$0.91 for the fourth quarter 2019.

Quarter-over-quarter, the fourth quarter revenue increased around 2.9 % to NT$7,334 million, from NT$7,127 million in previous quarter. Year-over-year, revenue for the fourth quarter decreased around 4.8 %. Gross profit margin for the fourth quarter was around 36.1 % and operating profit margin was around 24.4 %.

Ą§Due to the completion of VIS Singapore acquisition, we anticipate a further increase of demand from customers.Ą¨ said Amanda Huang, Chief Financial Officer of VIS. Based on the current business outlook; the performance of the first quarter 2020 is expected to be as below:
* Revenue to be between NT$ 7.5 billion and NT$ 7.9 billion;
* Gross profit margin to be between 29 % and 31 %;
* Operating profit margin to be between 17 % and 19 %.

VIS SpokespersonĄG
Amanda Huang
Chief Financial Officer
Tel: 886-3-5770355
E-mail: pr@vis.com.tw

Media ContactĄG
Dana Tsai
Manager, Public & Investor Relations Division
Tel: 886-3-5770355 ext. 1901
Mobile: 0910-296-018
E-mail: dana_tsai@vis.com.tw