PATHUMTHANI, THAILAND – Electronics manufacturing services provider SVI Public Co. Ltd. reported second-quarter 2012 consolidated revenue of Baht 2.07 billion, up 29% sequentially, and down 15.7% year-over-year.
Consolidated net profit for the quarter was Baht 154 million, or 7% of revenue, down 37.4% year-over-year.
The firm says the new facility and equipment were completed during the quarter, and manufacturing capacity is operating at 80% of pre-flood capacity. Demand has returned to normal levels, driven by back order fulfillment and additional business.
Ed: Baht 1 = US$0.0318