HONG KONG -- Nam Tai Electronics Inc., an electronics manufacturing services provider, reported fourth quarter net sales of $247 million, far surpassing the upper end of company guidance and up 62% over same period in 2004. 

For the year, the company reported revenues of $797 million, up increase 49% over 2004 and exceeded our guidance of 30% to 35%. Operating income for 2005 was US$52.6 million, an increase of 21%.

It was the company's fifth consecutive record sales quarter and seventh straight year of sales growth. Operating income rose for the fourth straight year.

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