Date of events:2013/04/29
Subject : The Board approved the Company's 2013 first quarter of financial results and acknowledged the accumulated losses is up to half of its capital.
1.Date of occurrence of the event: 2013/04/29
2.Name of the company: Motech Industries, Inc.
3.Relationship to the Company (please enter "head office" or "affiliate company"):Head office
4.Reciprocal shareholding ratios: N/A
5.Cause of occurrence:
(1)Motech's Board approved its audited 2013 first quarter of financial statements:
Revenue: NTD 3,667 Million
Gross Loss: NTD 295 Million
Operating Loss: NTD 601 Million
Net Loss: NTD 636 Million(after Non-controlling interest)
Comprehensive Net Loss: NTD 552 Million(after Non-controlling interest)
Earnings per share after Tax: NTD -1.45
Directions：Compared to the same period in previous year, the net revenue of 2013'Q1 decreased by 5.74%;the gross loss decreased by 53.88% ; the net loss after income taxes decreased by 34.51% and the comprehensive Net Loss decreased by 49.21%
(2)The Company's accumulated losses is up to half of its capital.
6.Countermeasures: The Company's accumulated losses is up to half of its capital and will report the information in the 2013 Shareholders' meeting.
7.Any other matters that need to be specified: N/A