GBM Posts 22.5% Decline in 1H PCB Sales

Global Brands Manufacture Ltd (GBM) has posted sales of NT$727.9 million ($23.46 million at $1=NT$31.03) for its printed circuit board (PCB) division in June, up by 18.5% from the previous month, but down by 14% from last year. For the first half of the year, the company posted total PCB sales of NT$4.16 billion ($134 million), down by 22.5% from the same period in 2014.

The company reported consolidated sales of NT$1.77 billion ($56.99 million) for the month of June, up by 7.8% from May, but down by 29.2% from June last year. For the first half of the year, total sales reached NT$11.28 billion ($363.92 million), down by almost 25% from the same period last year.

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