PATHUMTANI, THAILAND – SVI Public Co. reported second quarter revenue of THB5.94 billion ($162.6 million), up 4.3% from last year's second quarter.
For the first six months of the year, the company's THB11 billion ($305.2 million) in revenue was down 7.1% from the first half of 2023.
The company said the decrease in half-year revenue was due to depressed revenue in the first quarter, but demand from existing and new customers drive sales growth in the second quarter and is expected to last through the end of the year. Communication and Network, Industrial Control and Automotive were key sectors in contributing to sales for the quarter, SVI said.