Lithium ion battery pack maker Simplo Technology will devote more resources to developing industrial products, such as those for electric bicycles, electric vehicles, medium-size servers and home-use electric appliances, company chairman Raymond Sung said at a May 12 investors conference.
Simplo will also adjust its strategy, focusing on choosing good clients and good products instead of seeking revenue growth, Sung noted.
For second-quarter 2017, Simplo forecasts consolidated revenues of NT$11.8-12.2 billion (US$390-403 million), gross margin of 8.6%, net operating profit of NT$404-411 million, net profit of NT$537-573 million and net EPS of NT$1.74-1.86.
Source:
http://www.digitimes.com/news/a20170513PD200.html
