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Compeq February revenues reach 20-month low

Jessie Shen, DIGITIMES, Taipei
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PCB manufacturer Compeq Manufacturing has reported consolidated revenues of NT$3.12 billion (US$106.7 million) for February 2018, down 31.1% on month and 15.1% on year.

Compeq's revenues for February 2018 hit the lowest monthly level since July 2016. The company's revenues totaled NT$7.65 billion for the first two months of 2018, up 1.4% on year.

Compeq saw its 2017 revenues climb to a record high of NT$53.96 billion. Revenues for the fourth quarter came to NT$16.95 billion reaching record-high levels for the second consecutive quarter.

Compeq has yet to disclose its earnings results for the fourth quarter of 2017. The company generated net profits of NT$2.32 billion for the first three quarters of 2017 with EPS reaching NT$1.95.