Elmos Semiconductor SE (EMOMF.PK) Thursday reported preliminary net income of 27.7 million euros or 1.62 euros per basic share for the fourth quarter, higher than 22 million euros or 1.29 euros per basic share in the comparable quarter last year.
Earnings before interest and tax or EBIT increased 21 percent to 43.2 million euros from 35.7 million euros a year ago.
Sales for the quarter grew 24.7 percent to 156.6 million euros from 125.5 million euros in the previous year.
For fiscal 2024, Elmos expects to generate sales of 605 million euros plus or minus 25 million euros.
Fourth-quarter results are scheduled to be reported on March 14.
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