PATHUMTANI, THAILAND – SVI Public Co. reported second quarter net sales of THB 4.2 billion (US$132.5 million), up 2.5% year-over-year and 30% sequentially.

Industrial control, communication and network, microelectronics and automotive were key sectors contributing to growth, the firm said.

Consolidated net income was THB 109 million (US$3.4 million), a decrease of 27.3% year-over-year and 52% sequentially. The decrease is attributed to the foreign exchange loss SVI recognized in the second quarter of THB 54 million.

The company posted consolidated operating profit of THB 188 million (US$5.9 million) for the second quarter, up 80.7% year-over-year and 86% sequentially.

For the first half of 2020, the firm posted consolidated net income of THB 335 million (US$10.7 million), an increase of 43.9% from the same period the previous year.

Ed.: THB 1 = US$0.03

Register now for PCB West Virtual 2020, the leading conference and exhibition for the printed circuit board industry, coming this September. pcbwest.com  



 

Submit to FacebookSubmit to Google PlusSubmit to TwitterSubmit to LinkedInPrint Article
Don't have an account yet? Register Now!

Sign in to your account