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PCB maker Zhen Ding reports strong sales for October

Steve Shen, DIGITIMES, Taipei
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PCB and FPCB maker Zhen Ding Technology Holding has reported revenues of NT$11.30 billion (US$345.51) for October, up 22.5% sequentially and 26.1% on year.

Accumulated 2015 revenues through October totaled NT$70.35 billion, increasing 19.5% from a year earlier.

Buoyed by its rising gross margin, Zhen Ding is expected to post an EPS of NT$11.4 in 2015, according to an estimate of Chinese-language Economic Daily News (EDN).

The company will complete construction of its new plant in Huaian, China and begin small volume production in the second quarter of 2016, said the paper.