VELLINGE, SWEDEN -- PartnerTech today reported September quarter sales of SEK 478.3 million ($70 million), down 16% year-over-year.

The EMS company's operating profit was SEK 0.5 million, down 95% from last year. The after-tax loss was SEK 3.6 million (519,000), reversing a profit of SEK 4.7 million.

For the quarter, cash flow after investments was SEK -3.9 million.

Year to-date sales are down 15.2% to SEK 1.6 billion. 

PartnerTech is a top 40 global EMS company. It ranked 38th last year on the CIRCUITS ASSEMBLY Top 50.

Ed.: 1 SEK = 0.144226 USD

 

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