Date: Apr 06, 2016
By: Lauly Li / Staff reporter
Catcher Technology Co (可成) yesterday said business would be better this quarter and the momentum would sustain into the second half, referencing the company’s typical business cycle.
“We maintain our view that the first quarter of this year will be a low point, and that business will grow quarter-by-quarter for the rest of the year,” Catcher spokesman James Wu (巫俊毅) said by telephone.
Wu’s remarks came after the metal casing supplier posted revenue of NT$16.84 billion (US$520.11 million) for the first quarter, representing a 3.2 percent year-on-year decline and below the company’s forecast of NT$17.4 billion. [FULL STORY]