DRAM module maker Adata Technology has reported net profits of NT$640 million (US$21.48 million) in 2012, an increase of 760% from a year earlier. The earnings translated into an EPS of NT$3.04 for the year.

Gross margin improved to 8.46% in 2012 compared to 6.05% in the previous year, buoyed by a recovery of DRAM prices, the company said.

Looking ahead to the first half of 2013, with commodity DRAM output declining, prices for commodity DRAM will have strong support, said Adata, adding that NAND flash prices will also be positive as some NAND flash makers plan to slow down new capacity ramps.

Meanwhile, the company plans to deal out dividends of NT$2.50 in cash for 2012.