TSMT December revenues rise 7%

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Taiwan Surface Mounting Technology (TSMT), an LCD surface-mount technology (SMT) production solutions provider, has announced consolidated revenues for December increased 7.4% sequentially to NT$2.78 billion (US$84 million).

TSMT’s sales for December 2015 represented a 1.8% decrease compared to a year earlier, however.

TSMT posted revenues NT$7.9 billion in the fourth quarter of 2015, down 6.8% from a year ago. Revenues for all of 2015 came to NT$30.15 billion, slipping 11.2% on year.

TSMT generated revenues of NT$22.24 billion in the first three quarters of 2015, down 12.7% from a year earlier, with net profits decreasing 1.1% to NT$685 million. Net EPS for the nine-month period was NT$2.32.