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FPCB supplier Flexium Interconnect reports strong earnings for 3Q15
View: 2260  From: Golden Faith PCB  Date: 2015-11-04

lexible PCB supplier Flexium Interconnect has reported net profits of NT$899 million (US$27.7 million) for the third quarter of 2015, increasing 150.4% on quarter and 149.7% on year. EPS for the quarter stood at NT$3.34. 

Flexium CFO Arthur Shiung

Flexium CFO Arthur Shiung


For the first three quarters of 2015, net profits totaled NT$1.97 billion, increasing 246.8% from a year earlier. EPS for the nine-month period stood at NT$7.9 compared to NT$2.44 a year ago. 

Flexium's third-quarter revenues, net profits and EPS were all the company's highest quarterly figures, and the company's performance in 2015 will be the best ever, said company CFO Arthur Shiung. Third-quarter revenues reached NT$4.568 billion, up 9% on quarter and 45% on year. 

While shipments of the company's FPCB products for optical device, sensor and wireless transmission applications have continued to rise, the company has also stepped into production of FPCB modules for smartphones, Shiung noted. 

Flexium's capacity utilization rate is expected to grow 20% sequentially in the fourth quarter, Shiung estimated. 

Additionally, Flexium expects its sales to grow 10% in 2016 buoyed by its deployments in new products, Shiung said. 

Capex for 2015 is expected to top NT$900 million in 2015 and to NT$1.0-1.1 billion in 2016, Shiung noted.

 
 
 
 
 

Flancy
 

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Email:sales@goldenfaithpcb.com
 

telephone:86-75523000331
 

website:www.goldenfaithpcb.com

 

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