HELSINKI -- Scanfil EMS Oy reported net profits of EUR 1.2 million ($1.57 million) despite weak demand for telecommunications, offset in part by strong demand for professional electronics products.

Scanfil EMS was formed as a demerger from Sievi Capital on Jan. 1, and the 2011 results are based on the EMS unit's operations prior to the separation.

March quarter sales were EUR 42.6 million, down from EUR 58.8 million a year ago. Cash flow from operations was EUR 3.2 million. Net income a year ago was EUR 2.6 million.

Sales by region were Finland 47%, rest of Europe 19%, Asia 33%, USA 1%. The company's Chinese subsidiaries’ sales accounted for 36% of the Group’s sales during the period. Professional electronics customers accounted for 76% of total sales for the quarter, telecommunications for 24%.

The operating profit was EUR 1.4 million, down from EUR 3.6 million. Operating profit was EUR 1 million excluding nonrecurring items. Scanfil also announced it won an arbitration judgment against Ojala-Yhtymä Oy worth EUR 2 million, interest and court costs. During the quarter, Scanfil took nonrecurring charges of EUR 1.2 million for damages related to Ojala-Yhtymä Oy, listing expenses of  EUR 400,000, and another EUR 400,000 in provisional expenses related to the restructuring of its Hangzhou subsidiary. The company also announced it would lay off 64 workers at its Sievi, Finland, plant.

1 EUR = 1.30467 USD

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赫尔辛基 - Scanfil环境管理体系Oy公司报道,尽管需求疲软的电信专业电子产品需求强劲部分抵消净盈利120万欧元

scanfil环境管理体系形成了Sievi资本分拆1月1日2011年的结果基于EMS的单位业务分离之前

今年第一季度销售额为4260万欧元欧元58.8万元一年前运营现金流320万欧元去年同期净收入260万欧元

按地区销售额为芬兰47%其余欧洲19%亚洲33%美国1期间该公司的中国子公司销售额占36集团的销售专业电子行业的客户占销售总额76本季度电信24%

经营利润为140万欧元,同比下降360万欧元营业利润为100万欧元不包括非经常性项目 scanfil宣布它赢得了仲裁裁决奥亚拉-YhtymäOy公司值得欧元2万元,利息及诉讼费用在本季度Scanfil120万欧元有关奥亚拉-YhtymäOy公司上市40欧元的费用,另一个杭州子公司重组有关临时开支40万欧元损失一次性收费该公司还宣布将裁员在其Sievi芬兰,厂房64工人

 

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