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Taiflex Posts Lower February Sales
March 9, 2022 | Taiflex Scientific Co. Ltd.Estimated reading time: Less than a minute
Taiflex Scientific Co. Ltd, a Taiwan-based manufacturer of flexible printed circuit materials such as flexible copper clad laminates (CCLs) and coverlays, has announced consolidated revenue of NT$567 million ($20 million at $1:NT$28.35) for February, down by 29% from the previous month and lower by 16.6% year-on-year (YoY).
Revenue for the company's Electronic Materials (EM) business reached NT$549 million ($19.37 million), down by 28.48% month-on-month, and down by 16.5% from the previous year.
For the first two months of the year, Taiflex registered total sales of NT$1.368 billion ($48.26 million), down by 4.4% compared with the same period last year. Its EM business posted cumulative sales of NT$1.3 billion ($45.86 million), down by 5% YoY.
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