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CPT’s Monthly Sales Down 21.4%

Chughwa Picture Tubes (CPT) reported a 21.4% month on month and 18.4% year on year fall in sales last month to NT$3.8 billion ($120.2 million). February’s result brought sales to date to NT$8.6 billion ($272.2 million), 6.7% lower than the same period of 2014.

CPT shipped 114,000 large panels, down 15.6% sequentially but slightly higher than February 2014. Small and medium panel shipments fell 12.9% MoM and 9% YoY to 29.6 million units.