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Compeq Sees Steady Revenue Growth; May Sales Up for Third Straight Month
June 15, 2023 | CompeqEstimated reading time: Less than a minute
Taiwan-based Compeq Manufacturing Co. Ltd, a manufacturer of rigid-flex printed circuit boards (PCBs) and flex PCBs, has reported unaudited net sales of NT$4.7 billion ($154 million at $1:NT$30.75) for May 2023, down by 7.8% year-on-year (YoY) but up by 2.5% from the previous month.
This marks the company’s third straight month of steady revenue growth. For January to May, the company posted total revenues of NT$22.8 billion ($743.1 million), down by 18% compared with the same period last year. This reflects an improvement from the 23% YoY decline in the first quarter.
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