Qisda 1Q19 Gross Margin Hits 6-Year High

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EMS provider Qisda has reported its first-quarter 2019 gross margin reached 13.34%, the highest quarterly level since 2013, according to Digitimes.

LCD displays accounted for 58% of its first-quarter consolidated revenues; digital signage, professional displays, LCD TVs and automotive electronics, 14%; smart solutions, 6%; and medical devices and disposable materials, 7%. Qisda's consolidated revenues of NT$12.901 billion (US$418 million) for April decreased 10.85% sequentially but increased 10.55% on year, and those of NT$52.755 billion for January-April grew 11.48%.



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