TAIPEI, Taiwan, April 10, 2013 ?? Aurora Corp. (Ticker: 2373 TT / 2373 TW) today reported consolidated revenue for March 2013 of NT$888 million, representing an increase of 24% from February and a decrease of 27% from a year ago. The result had no contribution from Aurora Telecom, which Aurora owned but sold a majority stake to Tsann Kuen, one of Taiwan??s largest IT and consumer electronics retail chain, in October 2012. For the first three months of the year, revenue declined 26% to NT$2.47 billion from the year-ago period.
On a pro-forma basis, excluding the revenue from Aurora Telecom, March consolidated revenue fell 1% to NT$888 million from NT$893 million a year ago. For the first three months of the year, pro-forma revenue rose 3% to NT$2.47 billion from the year-ago period.
March revenue in China surged 29% to 126 million RMB from February and decreased 1% from a year ago, contributing to 67% of the month??s total revenue. The office automation (OA) segment reported record monthly sales of 48 million RMB, up 47% from last month. For the first three months of the year, China revenue grew 3% to 347 million RMB from the year-earlier period to represent 66% of the total revenue. By business segment, the OA, office furniture and equipment revenue recorded year-over-year changes of 20%, 8% and -30% for the three-month period, respectively.
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