PARIS – Electronic manufacturing services provider AsteelFlash Group reported 2010 fourth-quarter operating profit of $12.5 million. Operating profit for 2010 was $31.6 million.
Revenue for the quarter was $207 million, up 44% year-over-year. Revenue for full-year 2010 was $662 million, up 40% over 2009.
The firm expects revenue for the first quarter of 2011 to be up roughly 46% compared the same period last year.
CIRCUITS ASSEMBLY named AsteelFlash EMS Company of the Year for 2010.