Elec & Eltek International reports 0.7% drop in Q2 net profit
Published on Jul 30, 2014 9:34 PM
SINGAPORE - Elec & Eltek International reported a 0.7 per cent drop in second quarter net profit to US$4.1 million (S$5.1 million).
Revenue for the three months to June 30 rose 3.7 per cent to US$135.8 million.
For the half year, the printed circuit board maker's net profit fell by 35.1 per cent to US$5.3 million, while revenue dipped 1.9 per cent per cent dip to US$251.5 million.
The company said the overall plants' capacity utilisation improved since March, and it continued to generate steady operating cash flow.
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