Trade Resources Industry Views Psi Will Start Trading on The Emerging Stock Board of The TSE

Psi Will Start Trading on The Emerging Stock Board of The TSE

Phoenix Silicon International (PSI) will start trading on the Emerging Stock Board of the Taiwan Stock Exchange (TSE) on December 23, with a planned listing price of $55 (US$1.74), according to the company.

PSI was founded in 1997 as a provider of wafer reclaim services. The company has diversified its offerings to include solar materials and lithium-ion (Li-ion) batteries.

PSI reported net profits of NT$483 million (US$15.3 million) on revenues of NT$1.41 billion for 2013, compared to the profits of NT$243 million and revenues of NT$1.17 billion posted for 2012. Net EPS for 2013 came to NT$4.68.

Source: http://www.digitimes.com/news/a20141219PD207.html
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PSI to List on Taiwan Emerging Stock Market
Topics: Lighting