ELECTRONICS
Delta anticipates lower annual sales revenue
- Published: 15 Aug 2012 at 00.00
- Newspaper section: Business
Delta Electronics (Thailand) Plc, the biggest electronics firm on the Stock Exchange of Thailand, has trimmed this year's sales revenue forecast and capital expenditure, with the possibility that revenue will be flat next year due to the global economic situation.
President Henry Shieh yesterday said Delta's turnover this year may possibly be flat or only increase slightly from last year as the economies of the US, Europe and Japan are not in good shape while the Chinese economy is slowing down.
The company previously projected a 10% growth of revenue this year, to US$1.3 billion.
This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.
