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Flexible PCB Maker Zhen Ding Likely to Revise 2019 Revenue Forecast Upward

Post:2019.10.14 Hits:193

                                    Flexible PCB Maker Zhen Ding Likely to Revise 2019 Revenue Forecast Upward

Flexible PCB specialist Zhen Ding Technology is expected to revise its revenue forecast for 2019 to growth from flat as projected earlier, having posted strong sales for September and the third quarter. It posted revenues of NT$14.411 billion ($467.49 million) for September, up 21.9% on month and 7.32% on year.

Third-quarter revenues reached NT$35.602 billion, increasing 54.1% on quarter and 0.72% on year. Follow-up orders for the fourth quarter have been steady, with prospects to see its sales peak in October-November.