CMC, Ritek may suffer drop in the value of assets due to new financial reporting criteria

Jeremy Huang, Taipei; Adam Hwang, DIGITIMES Asia Friday 14 January 2005 0

CMC Magnetics and Ritek, the top two producers of optical discs in Taiwan, may observe a reduction in total value of assets as a result of the enforcement of new accounting and financial reporting criteria on January 1, 2005, according to local stock...

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