FCCL Maker Taiflex 1Q18 Net Profits Down Nearly 40%


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Taiwan-based Taiflex Scientific, which supplies flexible copper clad laminates and PV module backsheets, has reported net profits for the first quarter of 2018 fell by 39.8% sequentially and 2.4% on year to NT$97 million ($3.3 million), according to Digitimes.

Taiflex posted revenues of NT$2 billion in the first quarter of 2018, down 30.6% sequentially and 13.5% from a year earlier, while gross margin grew 1.02pp on quarter but slid 0.32pp on year to 19.71%.

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