Wistron Result 04/11/2015

By Dhruv Dayal Gupta
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Wistron reported decline in net profit by nearly 55% YoY at NT$657 million ($20.26 million). Turnover declined 2% to NT$152.41 billion ($4.7 billion). Weak smartphone and PC demand alongside a one-time write-off due to transfer of its service center in Netherlands to the Czech Republic were responsible for the weak financials.