Home Update Flytech, Posiflex report earnings for 1Q19

Flytech, Posiflex report earnings for 1Q19

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POS system makers Flytech Technology and Posiflex Technology have reported first-quarter 2019 consolidated revenues of NT$1.435 billion (US$46.5 million) and NT$2.288 billion, respectively, with their respective EPS reaching NT$1.40 and NT$1.50.

Flytech posted gross margin of 33.67%, internet working revenue of NT$236.eight million and internet revenue of NT$200.1 million for the primary quarter.

Posiflex reported gross margin of 34%, internet working revenue of NT$204.6 million and internet revenue of NT$112.2 million.

Flytech has reported consolidated revenues of NT$469.6 million for April, reducing 9.45% sequentially and 34.80% on yr, and people of NT$2.450 billion for January-April slipped 22.29% on yr.

Fellow maker Partner Tech’s consolidated revenues of NT$257.eight million for April declined 9.46% sequentially however grew 77.26% on yr and people of NT$982.four million for January-April rose 49.50% on yr.



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