CCL Maker Elite Material Reports Net Profit of $26M for 3Q 2016


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Taiwan-based copper-clad laminate (CCL) maker Elite Material (EMC) has reported net profits of NT$824 million ($25.87 million) for the third quarter of 2016, up 38.38% on quarter and 7.02% on year, according to Digitimes. EPS for the quarter stood at NT$2.59.

For the first three quarters of 2016, net profits totaled NT$1.977 billion, which translated into an EPS of NT$6.21 for the nine-month period.

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