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Article: Nam Tai Electronics, Inc. New Sales Record - Up 107% vs. April 2002.
- Article from:
- PR Newswire
- Article date:
- May 11, 2003
CopyrightCOPYRIGHT 2003 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Nam Tai Electronics, Inc. ("Nam Tai" or the "Company") (NYSE: NTE; CBOE Symbol: QNA) today announced it achieved a new all time monthly sales record of $43.0 million in April 2003, a 107% increase over sales of $20.8 million in April 2002. Strong sales of cellular phone components assembling, an expanded customer base, and beginning to utilize increased production capacity in its new factory building all contributed significantly to the growth in monthly sales.
"Though the sluggish market overall has been overshadowed by a number of economic uncertainties, we are proud that Nam Tai was still able to achieve such excellent sales results," commented Mr. Tadao ...
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