TPK Results 04/08/2017

By Jasmine Kang Sodha
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TPK Holding announced its FY17 Q2 results with revenues of NT$22.4 billion ($740 million) and net profit of NT$327 million ($10.8 million), with net margin of 1.5%. The revenues were up by 31.2% on yearly basis while the net profits were down by 47.0% on quarterly basis.

TPK is expected to see its revenues continue to grow quarter on quarter in the second half of 2017 as most clients are ramping up shipments of its products. TPK’s revenues are expected to expand 25-30% on year in FY17 Q3 with an margin of 3-4%. Also, the company remains on track to form a joint venture with China-based O-film Tech.