Compeq Manufacturing Co. Ltd, a Taiwan-based manufacturer of rigid-flex printed circuit boards (PCBs) and flex PCBs, has reversed its three straight months of revenue growth by posting unaudited net sales of NT$4.5 billion ($143.99 million at $1:NT$31.29) for June 2023, down by 4.9% month-on-month (MoM) and by 24.5% year-on-year (YoY).
Second quarter sales reached NT$13.86 billion ($443 million), down by 15% YoY. For the first half of 2023, total sales reached NT$27.36 billion ($874.4 million), down by 19% compared with the same period last year.