HONG KONG -- SMT Holdings Ltd. reported fiscal fourth-quarter revenue fell 58% year-over-year to HK$182.7 million ($23.5 million) on operation downsizing and drops in demand for LCD TVs, computer peripherals, industrial and automotive products.
The company also tapped Chan Tak Sin Norman as executive director, replacing Dr. Lo Wai Kwok.
For the period ended March 31, the beleaguered EMS firm reported a net loss of HK$158.1 million, an improved over last year's loss of HK$711.9 million. The loss includes an impairment loss on property, plant and equipment of HK$111.2 million and restructuring expenses of HK$16.4 million.
Gross margin decreased to 11.8% in the period quarter from from 18.3% in the last quarter on lower revenue and a drop in consignment. SMT Holdings has cut its current headcount to 2,600 from 3,900 at the end of October.
For the fiscal year ended March 31, overall revenue was HK$1.13 billion ($145.6 million), down 47% from a year ago. Gross margin improved to 14.7% from 3.5% in fiscal 2010 on improved product mix and cost-reduction efforts.
In terms of product mix, revenue contribution was as follows:
In terms of customer mix, revenue contribution was as follows:
Two years ago, SMT Holdings was among the 50 largest EMS companies.
Ed.: 1 HKD = 0.128804 USD
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香港 - smt控股有限公司报告财年第四季度的销售收入同比下降了58%,比去年操作缩编至港币182.7亿元(2350万美元),并在液晶电视,计算机外设,工业和汽车电子产品的需求下降。
对于截至二零零七年三月三十一日止的期间内,被围攻的EMS公司报告的净亏损158.1亿港元,比去年同期的711.9亿港元的亏损改善。损失包括港币111.2万美元和16.4亿港元的重组费用在物业,厂房及设备的减值亏损。
期间季度毛利率从上一季度的18.3%下降到11.8%,在较低的收入和在货物中。贴片集团已削减其目前的总人数从3900至2600在十月底。
截至3月31日的财政年度中,总收入为11.3亿港元(约合145.6亿美元),较一年前下跌了47%。毛利率从2010财年的3.5%提高到14.7%,改善产品结构和降低成本的努力。
在产品结构方面,收入的贡献如下:
在客户结构方面,收入的贡献如下:
两年前,贴片控股是其中最大的50家EMS公司。
埃德:1港币=0.128804美元。