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UDC Result 25/02/2016

Universal Display reported Q4 net profit of $18.1 million, up 38% YoY from $13.1 million. Turnover was $62.3 million, up 11% YoY from $56.2 million. For the full year 2015, net profit was $14.7 million, down 65% YoY from $41.9 million, including a $33 million inventory write-off. Turnover for the same period was flat at $191 million.