Niching Industrial Corp. announced earnings results for the year 2011. For the year, the company announced consolidated revenue hit record high at NTD 1.76 billion, an increase of 16% compared to NTD 1.52 billion in 2010. The income after tax reached NTD 99.559 million, a new record in the last four years, an increase of 41% compared to NTD 70.835 million in 2010. EPS after tax was NTD 2.67, and the gross margin was retained around 15%. The board of company has endorsed surplus distribution to declare dividend of NTD 2.00 including NTD 1.5 of cash dividends and NTD 0.5 of stock dividends.