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FPCB Maker Flexium’s Gross Margin Hits 4-year Low in 1Q18
April 30, 2018 | DigitimesEstimated reading time: Less than a minute
Taiwan-based flexible PCB maker Flexium Interconnect has disclosed its gross margin fell 8.3pp on year and 5.2pp sequentially to 14.7% in the first quarter of 2018, the lowest level in four years, according to Digitimes.
Flexium reported consolidated revenues of NT$5.463 billion ($184.2 million) for the first quarter, up 27.6% from a year earlier but sharply down 49.2% from a quarter earlier. Net profit for the quarter plunged 82.1% sequentially and edged up only 0.4% on year to NT$246 million.
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