BANGKOK – Hana Microelectronics said second-quarter revenue dropped 1% year-over-year to about $115 million, but net profit rose 26% to almost $16 million.
 
First-half revenue rose 1% to $227.5 million compared to the same period last year, with net profit rising 24% to $29.13 million.
 
The profit increase was a result of higher capacity utilization, the company said.
 
The firm, which builds IC packages and electronics assemblies, expects revenues to grow 15% in the third quarter, as a result of increased orders from China, India and Southeast Asia.
 
Hana recorded revenue of $452 million last year. More than 80% of sales were attributable to PCBs and IC assemblies, say published reports. The company was ranked 36^th among the largest EMS suppliers by Electronic Business.
 
Hana also has added 3,000 sq. meters to its production plant, and is considering building a new facility in the same location.