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Copper clad-laminate (CCL) product maker Elite Material (EMC) has reported revenues of NT$2.128 billion (US$67.56 million) for August, up 13.3% on month and 5.5% on year.
For the first eight months of 2016, revenues totaled NT$14.096 billion, increasing 2.6% from a year earlier.
EMC is expected to see its quarterly revenues for 2016 peak in the third quarter before taking a slide of 13% sequentially in the fourth quarter on seasonality, according to a Chinese-language Economic Daily News (EDN) report.
The company’s stock price edged up NT$0.10 to finish at NT$86.80 on the Taiwan Stock Exchange (TSE) during the September 6 session.
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