Flexible PCB maker Career Technology has reported a negative EPS of NT$0.26 for the first quarter of 2015, during which revenues totaled NT$3.58 billion (US$116.42 million), down 37% from a quarter earlier.
Gross margin dropped to 6.39% in the first quarter compared to 9.58% a year earlier due largely to decreased FPCB prices.
Prices of FPCBs shipped to the tablet sector have been declining due to slacking tablet sales, while Career is still facing a yield rate issue for FPCBs shipped to the wearable device sector, according to local media reports.
The company share price slid NT$0.35 to close at NT$28.45 on the Taiwan Stock Exchange (TSE) during the April 14 session.
