Apex Reports Sequential Growth of 66% for Q3 2017 Net Profit


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PCB maker Apex International Co. Ltd has announced consolidated revenue of NT$3 billion ($99.98 million) for the third quarter of 2017, with gross margin of 10%, consolidated operating profit of NT$24.58 million ($819,200), and after-tax consolidated net profit of NT$7.02 million ($233,962).

Quarter-over-quarter, consolidated revenue for Q3 2017 increased by 24.6% while consolidated operating profit increased by 40.36%, and after tax consolidated net profit increased 65.86%. Compared to the third quarter of last year, Q3 2017 results represent an 18.87% increase in consolidated revenue; 82.79% decrease in consolidated operating profit; and a 93.5% drop in after-tax consolidated net profit.

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