JOHOR DARUL TAKZIM, MALAYSIA – SKP Resources reported fiscal first quarter revenue down 16% year-over-year to RM362.5 million (US$87 million) on lower contributions from conventional electrical appliances due to a key customer’s shift to an evolutionary model. Sequentially, revenue was up 2%.

For the quarter ended June 30, net profit was RM18.5 million (US$4.4 million), down 29% year-over-year and 10% sequentially.

The company primarily performs mechanical assembly and box build. It added its first SMT assembly line in April, and additional lines are expected to ramp in September and November.

Register now for PCB West, the leading conference and exhibition for printed circuit board design! Coming Sept. 9-12 to the Santa Clara Convention Center. pcbwest.com

• Prev
• Next