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Faraday Technology posts profit decline in the first quarter as gross margin hits 13-quarter high

Monica Chen, Taipei
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Credit: DIGITIMES

Faraday Technology reported consolidated revenue of NT$2.59 billion (US$82.4 million) in the first quarter, with net income after tax of NT$100 million and earnings per share of NT$0.40, the company announced. The results reflected an 8% quarter-over-quarter...

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