The performance of local printed-circuit board manufacturer GUH Holdings Bhd over the past three quarters has placed the group on a strong footing to compete in a debilitated economic environment next year.
Financial Results … For the nine months ended Sept 30 2008, the group posted pre-tax profit of RM27.8mil on revenue of RM231.2mil, increasing the group’s cash position to RM69.1mil, compared with RM45.7mil a year ago.
The group’s strong cash flow would be used for strategic asset acquisitions and identifying a new range of printed circuit boards (PCBs) to manufacture.
They plan to strengthen our foothold on our existing range of PCBs and manufacture multiple-layered PCBs next year that are above six layers. The demand for such multi-layered PCBs comes from the telecommunication, automotive and medical instruments industries.
Presently, the group is focused on making single-sided, double-sided “carbon thru hole”, “copper plating thru hole” and “silver thru hole”, and multi-layered (up to six layers) PCBs that are widely used in large consumer electronic products such as LCD display panels.
FBM KLCI - ended at intraday low, in sync with regional downtrend
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Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI
closed at its intraday low, driven by a last-minute sell-off in utility
stocks...
17 hours ago
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