| Venture Maintains Momentum |
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| Written by Mike Buetow | |||
| Thursday, 19 February 2009 08:07 | |||
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SINGAPORE – Venture Corp., a top 10 EMS company, reported net fourth-quarter profits of S$4.6
million, bogged down by non-operational charges, on sales of S$906.9
million. The EMS company, which ranked 8th in the Circuits Assembly EMS Top 50, took charges related to fair value loss on derivative financial instruments of S$57.6 million and an impairment of S$6.3 million on an associate. Excluding non-operational charges, earnings would have been S$68.5 million. For 2008, revenue slipped 2.3% year-over-year to S$3.8 billion ($2.49 billion). Translated for currency effects, revenue in US dollars grew 4.6%. The net profit plunged 44.6%, on non-operational charges of S$114.5 million; sans the charges the company had earnings of S$288.3 million. Cash from operations was S$345.7 million and free cash flow was S$313.1 million for 2008. 1 SGD = 0.654772 USD
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Columns
| RoHS's Side Benefits |
I have mentioned numerous times that the first purpose of RoHS is to help make recycling easier. So RoHS was developed to support WEEE. One would imagine that, in doing this, the EU was primarily concerned with recycling in the EU. |
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| 2001 vs. 2009: Why Semis Did Better This Time |
The Great Recession that began in the fourth quarter of 2008, at the height of the holiday spending season, had an enormous effect on world economies in 2009. The bursting of the bubble housing market in the US resulted in the meltdown of financial institutions around the world. |
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Features
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Why common metrics fail to root out the causes, and actually add cost in the process. |
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Fujiploy Offers Sarcon GR-Tac
Sarcon GR-Tac is a 0.25-mm thick polyester reinforced thermal interface material. Is reportedly easy to install and typically does not require adhesive; ideal for applications where surface space...
Sarcon GR-Tac is a 0.25-mm thick polyester reinforced thermal interface material. Is reportedly easy to install and typically does not require adhesive; ideal for applications where surface space...
