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The Taiwan Stock Exchange (TWSE) has approved the listing application of copper -clad laminate (CCL) supplier Ventec International, which expects to start trading on the TWSE mainboard in April 2019, according to a Digitimes report.
Ventec reported consolidated revenues increased 15.8% on year and 4.9% sequentially to NT$1.41 billion ($45.7 million) in the third quarter of 2018, while gross margin slipped 0.64pp on quarter but rose 2.7pp from a year earlier to 25.28%. The company generated net profits of NT$150 million in the third quarter, down 3.2% sequentially but up by 257.2% from the same period in 2017.
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