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Affected by seasonal factors, PCB maker Compeq Manufacturing expects its revenues to stay flat in the second quarter of 2017 before staging a rebound in the third quarter, according to a Digitimes report. First-quarter revenues totaled NT$11.215 billion ($371.21 million), down by 21.1% from the previous quarter, but up by 19.45% year-on-year.
In April, Compeq saw its revenues slide 5.75% on quarter but up 13.48% YoY to NT$3.456 billion. Compeq also reported net profits of NT$398 million for the January-March period, down 54% sequentially but up 52% from last year.