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Gold Circuit Reports May Revenue Up 38%

Published: 13 June 2022
 by Chelsey Drysdale

TAOYUAN, TAIWAN – Gold Circuit Electronics reported May consolidated revenue increased 37.5% year-over-year and 20.1% sequentially to NT$3.1 billion (US$103.4 million), a record high for the company, according to reports.

The company posted net profit of NT$810.8 million in the first quarter, up 36.3% compared to the first quarter of 2021.

Year-to-date revenue grew 26.5% year-over-year to NT$12.8 billion.

During the first half of 2022, the firm expanded capacity 10 to 15%. The printed circuit board supplier expects second-half revenue to increase compared to the first half of the year.

Ed.: NT$1 = US$0.034

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