Strong demand for semiconductors boosted QPL International Holdings' 1996 full-year earnings by 169.2 per cent to $324.44 million, but directors warned that the industry was entering a consolidation stage. The integrated, hi-tech semiconductor maker said its profit before tax to April 30 was up 178.4 per cent to $703.30 million on turnover of $3.37 billion . Earnings per share were up to 135 cents from 49.2 cents. The company declared a final dividend of 30 cents per share. Together with the interim dividend of 25 cents, the full-year dividend was 55 cents. The company said the industry was a relatively volatile sector and the book-to-bill ratio during calendar 1996 had dropped consistently below one.