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Sustainability is one of the most widely used terms in business today, especially for electronics and manufacturing but what does it mean to you? We explore the environmental, business, and economic impacts.
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This issue previews many of the important events taking place at this year's show and highlights some changes and opportunities. So, buckle up. We are counting down to IPC APEX EXPO 2024.
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Apex Q2 2017 Consolidated Revenue Up 12% YoY
August 15, 2017 | Apex International Co. LtdEstimated reading time: Less than a minute
Apex International Co. Ltd has reported consolidated revenue of NT$2.41 billion ($79.49 million), gross margin of 10.25%, consolidated operating profit of NT$17.51 million, and after tax consolidated net profit of NT$4.15 million for the second quarter of 2017.
Quarter-over-quarter, the second quarter consolidated revenue was up by 2.76%, while consolidated operating profit decreased by 68.52% and after tax consolidated net profit decreased by 93.5%. Compared to the same period last year, Apex’s Q2 results represent an 11.57% increase in consolidated revenue, an 89.31% decrease in consolidated operating profit and a 96.76% decrease in after-tax consolidated net profit.
Second quarter net profit was below expectations, resulting from continually increasing raw material cost, the lower yield rate for new capacities and additional cost for exchange products. Recently, the raw material cost is higher than the first quarter of 2017, and Apex expects to continually control the operating cost.
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The Delicate Balance of Sustainable Business and Going Green
03/25/2024 | I-Connect007 Editorial TeamAlex Stepinski is known throughout the industry as an innovator and disruptor committed to environmental sustainability, primarily through his current work around zero liquid discharge (ZLD) for PCB fabrication. But Alex says financial sustainability must come first. Standing firm in his belief that green is the most financially sustainable option for manufacturing and financial success, he explains his position and vision for a greener, more lucrative future for bare board fabricators. “Before I retire in about 10 years,” he says, “I want to make sure that all new fabs, and at least 25% of the old ones are zero liquid discharge in this industry.”
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