TAIPEI -- Foxconn Electronics (Hon Hai Precision Industry) reported first-quarter net profits of NT$14.92 billion ($511.4 million), up 3.6% year-over-year.

The world's largest contract printed circuit board assembler said operating profit rose 20.7% from last year to NT$7.13 billion.

As previously reported by CIRCUITS ASSEMBLY, revenue was up 42.5% to NT$789.9 billion ($27.1 billion). That means Foxconn recorded more revenue in the first three months of 2012 than any EMS company save for Flextronics will generate in all of 2012.

Not everything was golden, however. Revenue was down 14.1% for the period, and net income plunged 57.3%. Gross margin slipped 50 basis points from a year ago to 4.02%.

Ed.: NT$1 = US$0.0342802

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台北 - 富士康电子鸿海精密工业新台币第一季度的净利润14.92亿美元(约合511.4亿美元)同比增长3.6%,比去年同期




埃德:NT $1 = US $0.0342802

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