TAIPEI -- Compal Electronics reported third-quarter consolidated revenues of NT$197.9 billion ($6.26 billion), up 14% sequentially. 

The ODM's operating profits rose 14% sequentially to NT$8.69 billion, while net profits were down 25% year-over-year to NT$2.18 billion. Currency effects cost the company NT$822 million in the third quarter.

Year-to-date revenues are down 9% to NT$624.33 billion on lower notebook shipments, which are expected to be down 5% this year.

Compal did raise its fourth-quarter notebook shipment outlook to 5 to 10% sequential growth, up from its previous forecast of flat growth.

Compal ranked fourth on the 2015 CIRCUITS ASSEMBLY Top 50.