Last $0.67 PHP
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As of 3:20 AM 08/29/14 All times are local (Market data is delayed by at least 15 minutes).

ionics inc (ION) Snapshot

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07/9/14 - $0.98
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12/26/13 - $0.32
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ionics inc (ION) Details

Ionics, Inc provides product design, electronics manufacturing, precision-engineered plastic injection molding, core-technology venture capital investment, and property holdings and management services in Asia, Europe, and North America. It offers original design manufacturing, engineering, supply chain management, and reverse logistics services to original equipment manufacturers in computer and peripherals, telecommunications, automotive, consumer electronics, medical, and industrial equipment industries. The company also provides wireless broadband and wired telecom products, fiber optics, infrastructure and backplanes, WiFi based RFID tags, telephone ring generators, satellite receivers and LONB’s, service gateways, and optical network pole cabinets. In addition, it offers automotive products, such as GPS navigation and vehicle security systems, RF tuners, electronic dashboards, engine sensors and starters, and car antenna control systems; and computer products/peripherals comprising micro drives, motherboards, PCBA for HDD and optical drives, CD-RW and DVD-RW optical drives, flip chip on flex for HDD, adaptive PFC power supplies, headless computers, and radio repeaters. Further, the company provides consumer products, such as e-books, personal media players, USB drives, DVD players and recorders, media upload converters, home speaker systems, IPOD docking units, GPS for SLR cameras and golf, electronic ballasts and fishing devices, security tools, and display signages, as well as electronically controlled chemical dispensers, sound systems, and TV tuners for tablets. Additionally, it offers medical products, including digital thermometers and personal health care products; and plastic products, such as enclosures, sub-assemblies, concentrators for solar cells, high voltage connectors for XRay, automotive plastics, air tight WiFi antenna covers, and wiring harness protectors. Ionics, Inc. was incorporated in 1982 and is based in Cabuyao, the Philippines.

1,491 Employees
Last Reported Date: 04/15/14
Founded in 1982

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ionics inc (ION) Key Developments

Ionics Inc Amends Articles of Incorporation

Ionics Inc. announced that it has received on July 9, 2014, from the securities and exchange commission the certificate of filing of amended articles of incorporation dated July 2014, reflecting the complete address of the principal offices of the company.

Ionics Inc Announces Amendments to Articles of Incorporation

Ionics Inc. announced amendment to Article III of the Articles of Incorporation. Amendment to reflect the change in the principal place of business from "Cabuyao, Laguna, Philippines" to "Fusion Street, Light Industry & Science Park (LISPP) I, Bo. Diezmo, Cabuyao, Laguna, Philippines".

Ionics Inc Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2014

Ionics Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported revenue of $4,729,000 compared to $17,097,000 a year ago. Income before income tax was $90,000 compared to loss before income tax of $367,000 a year ago. Net income attributable to equity holders of the parent company was $66,000 or $0.0001 per basic and diluted share compared to net loss attributable to equity holders of the parent company of $365,000 or $0.0004 per basic and diluted share a year ago. Net cash provided by operating activities was $2,613,000 compared to net cash used in operating activities of $485,000 a year ago. Acquisitions of property, plant and equipment were $184,000 compared to $264,000 a year ago. Net debt as at March 31, 2014 was $7,049,000 compared to $11,208,000 a year ago.


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