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E-Ten posts 1H 2007 net profits up 73%

By: , IntoMobile
Tuesday, August 21st, 2007 at 12:01 PM

E-Ten posts net profits up 73% year on year for first half of 2007 1h 2007

Way to go, E-Ten. With amazing products like the E-Ten Glofish X500+ bringing VGA-love to the Windows Mobile 6.0 crowd, and stuff like the Glofish X800 WM6-powered 3.5G handset in the pipeline, it’s not hard to see why the company has recently posted a 73% increase in net profits for the first half of 2007 (1H 2007). Compared to the same period last year, it seems E-Ten has grown quite a bit – their profits reached NT$249 million (US$7.6 million), which works out to net EPS (earnings per share) of NT$1.62 for the January-June period.

Analysts are predicting the EPS to hit T$5.50-6.0 by year-end, owing to the continued success of the company based on the E-Ten Glofish X800.

[Via: DigiTimes]

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Will Park

Will hails from The City of Angels - Los Angeles, California. He spends his time playing with his numerous gadgets and looking forward to seeing what future holds for mobile technology. An avid promoter of a fully "digital" life, he promotes the widespread adoption of truly mobile, paper-less living. He dreams of the day when he can go completely digital. No more snail mail, paper receipts, bound books, notepads/spiral notebooks, credit cards, hard currency. He's a digital warrior - fighting for the converged life. He is an idealist and a realist - he has a perfect view of what the world should be but knows that the world is not perfect. Can we ever hope to see Will's dream become reality? We'll see...