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Taiflex Sees Strong FCCL Sales
September 5, 2018 | Stephen Las Marias, I-Connect007Estimated reading time: Less than a minute
Taiwan-based Taiflex Scientific Co. Ltd has reported consolidated revenue of NT$931 million ($30.22 million) for August, down by 3.36% from July, and lower by 16.7% year-on-year. For the first eight months, the company posted consolidated revenue of NT$6.28 billion ($203.88 million), down by 12.3% compared with the same period last year.
Taiflex manufactures flexible copper clad laminates (FCCL), under its Electronics Materials (EM) business unit, as well as photovoltaic backsheets, under its PV Materials (PV) division.
For its EM business, the company posted a revenue of NT$874 million ($28.37 million), down by 2.3% from the previous month, but up by nearly 5% year-on-year. Cumulative revenues for the first eight months of the year totaled NT$5.396 billion ($175.13 million), up by 20% compared with the same period last year.
Revenue for its PV business reached NT$37 million ($1.2 million), down by 33.7% month-on-month and by nearly 87% YoY.
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