SUZHOU – Suzhou Dongshan Precision Manufacturing reported third quarter operating income of 6.19 billion yuan, up 44% from a year ago.

Net profit attributable to shareholders was 417 million yuan, up 66% year-over-year.

Net cash flow from operating activities was 1.07 billion, up 1,205%.

The latest results include Multek, which Suzhou Dongshan Precision acquired from Flex in March 2018. It also is the parent company of MFlex.

Suzhou Dongshan said the addition of Multek coupled with increased demand for flex circuits and 5G products helped drive a 44% increase in account receivables during the quarter.

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