Touch module supplier TPK’s net profit up 4.55% - News Summed Up

Touch module supplier TPK’s net profit up 4.55%


Operating margin is expected to be 0.5 to 1 percent this quarter, similar to 0.7 percent last quarter, Liu said. Gross margin and the average selling price of TPK products rose last quarter thanks to product mix improvements, Liu said. Net profit rose to NT$322 million in the April-to-June period, compared with NT$308 million in the second quarter last year. Addressing growing competition from GIS Holding Ltd (業成), TPK said that it would remain the biggest supplier to its key customers. However, in some areas, GIS does not directly compete with TPK, Liu said.


Source: Taipei Times August 15, 2021 15:56 UTC



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