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Operating results for Q3, 2013, announced by Aurora

Oct. 16, 2013, Taipei - Aurora Corp. (hereinafter referred as "Aurora" or "The Company", 2373 in TWSE) unaudited announced its financial result of Q3, 2013 today. Benefited from steady performance in Office Automation (OA) business in Taiwan and China, continuous simmer effect of "National Brand" of Aurora, strong running momentum in Office Furniture business in China, the EPS of Q3, 2013 reached NT$ 1.03, 2% of growth compared with the same period of last year. Accumulated net income for this first three year was 924 millions with NT$ 3.03 of EPS, 14% of growth compared with the same period of last year.

Revenue

Benefited from the continuous simmer effect of "National Brand" of Aurora, excellent performance in Office Automation (OA) and Office Furniture business in China and steady business running in Taiwan, the consolidated revenue of Q3, 2013 reached NT$ 2.68 billions, 13% declined than the same period of last year, but 0.1% grew than Q2. (Aurora Telecom was deconsolidated from Aurora and treated as an equity investment starting from Nov. 2012.)
 
If the revenue is counted on the same basis, and the discrepancy caused by Aurora Telecom is eliminated, the consolidated revenue of Q3, 2013 is 18% grew than the same period of last year, and 0.1% grew than Q2.
 
The revenue of Q3 in China was counted around NT$ 1.79 billions, with annual growth of 26%, and shared 67% of consolidated revenue approximately.
 
The shares within business revenue in Taiwan and China are: 27% of OA in Taiwan, 6% of Office Furniture in Taiwan, 22% of OA in China, 35% of Office Furniture in China and 10% in Electronic Products respectively. The Office Furniture business in China won the highest share in the revenue of Q3, counted as one-third of overall. It plays the major momentum for continuous growth of the company in the future.

Operating income

The operating income of Q3 was NT$ 233 millions, 23% grew than Q2 and 38% grew than the same period of last year嚗?the operating margin was 8.7%嚗?1.6% grew than Q2 and 3.2% grew than the same period of last year significantly.

Net Income

The net income of Q3, 2013 was NT$ 314 millions, 2% grew of the same period of last year, and EPS was NT$ 1.03,both maintain excellent performance.
 
Released by: Aurora Group
Spokesperson: Ernest Ma
Deputy Spokesperson: Maggie Wang
Tel: 02-2345-8088
Ir@aurora.com.tw

About Aurora

Aurora focuses the target of creating an excellent office environment. The company runs the business of Office Automation, Office Furniture, Electronic Products and Mobile Phone Chain Stores, etc. The company has accumulated for over 40 years of business operating experience among these products, and has become the most distinctive and comprehensive marketing channel group in Taiwan and China. In China, Aurora has run OA and Office Furniture business for many years in its own trademark, "Aurora". Won "Famous Trademark in China", followed by the only one Taiwan-funded enterprise building own exhibition hall in World Expo 2010 Shanghai, the company now enjoys a high evaluation in high-end Office Furniture market, and it is the named national brand which government offices and state enterprises place an order.

Disclaimer

This article and its accompanied information include operating forecast, financial condition and business projection, etc. which are predictive information gathered from company's internal and external sources. The operating result, financial condition and operating forecast actually created by the company in future may differ from these expressed or implied predictive information. The reasons may include, but not limited to market demand, price fluctuation, competitive situation, international economic situation, supply chain, exchange rate fluctuation and the risks which are unable to be controlled by the company. The forecast mentioned in this article reflects the current belief of the company as of the date of it issued. The company undertakes no obligation to remind or update the information for the change or adjustment in the future.

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