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Taiflex Posts 36.5% Revenue Growth in 1Q 2021
April 9, 2021 | Taiflex Scientific Co. Ltd.Estimated reading time: Less than a minute
Taiwan-based Taiflex Scientific Co. Ltd, a provider of flexible circuit materials, has announced consolidated revenues of NT$772 million ($27.13 million at $1=NT$28.45) for March 2021, up by 18.4% year-on-year (YoY) and by 13.4% from the previous month.
For the first quarter of 2021, Taiflex’s total revenues reached NT$2.2 billion ($77.4 million), up by 36.5% compared to the same period last year.
The company’s Electronic Materials Industry (EM) division posted revenues of NT$758 million ($26.6 million), an increase of 15.3% from the previous month and 19.3% from last year—hitting a record high for the same period. Total sales for the first three months of the year reached NT$2.14 billion ($75.36 million), up by 37.7% YoY.
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I-Connect007 Editor’s Choice: Five Must-Reads for the Week
03/22/2024 | Nolan Johnson, I-Connect007This week's news feed contains a bunch of big money items, as well as some interesting industrial and technology puzzles to be solved. There’s even some down-home people news from the Dallas SMTA conference held this week. Don’t overlook the latest issue of PCB007 Magazine, either. The topic is sustainability, which is becoming an ecosystem of its own.