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Ritek returns to profits in 1Q07 after 10-quarter net losses

Jimmy Hsu, Taipei; Adam Hwang, DIGITIMES Asia 0

Ritek's board of directors, at a meeting on April 27, approved the company's 2006 financial report, with net losses of NT$12.275 billion (US$368.6 million) and net losses per share of NT$5.76 both the highest annual levels ever on record, according...

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