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Company News >> Touch panel maker Shun Hong Technology's December results were flat

It is reported that TPK Holding, a touch panel manufacturer, announced that its revenue in December 2018 reached NT$12.527 billion (US$406.24 million), a decrease of 2.5% from the previous month and an increase of 9.6% from the same period last year.

Revenue for the fourth quarter of 2018 reached NT$42.745 billion, an increase of 32.5% from the previous quarter and an increase of 29.7% from the same period last year. Industry sources said that the fourth quarter results were in line with market expectations.

Total revenue for the full year of 2018 was NT$113.48 billion, an increase of 5.8% over the same period last year.

Shunhong Technology has not yet set a capital expenditure budget for 2019, but according to relevant data, it is expected to be lower than NT$7.5 billion in 2018.