Aug 4, 2010

Eucon makes $2.3m in 2Q net profit

Written by The Edge

Mainboard-listed Eucon Holding, the integrated PCB solutions provider in China and PCB laser driller in Taiwan, has reversed the net loss of $6 million it made in 2Q09 with a net profit of $2.3 million for the second quarter ended 30 June 2010 (2Q10).

Revenue for the quarter rose 68% to $31.6 million from $18.8 million from 2Q09.

On a quarterly basis, PCB revenue improved by 35% from $15.7 million in 2Q09 to $21.2 million in 2Q10.
Mechanical drilling and routing services improved by 200% from $1.6 million in 2Q09 to $4.8 million in 2Q10.

Laser drilling services improved by 256% from $1.6 million in 2Q09 to $5.7 million in 2Q10.

Dividend : None