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Article: Nam Tai Electronics, Inc.: New Monthly Sales Record.
- Article from:
- PR Newswire
- Article date:
- June 14, 2004
CopyrightCOPYRIGHT 2004 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: QNA; Frankfurt: 884852) announced that it achieved a new all time monthly sales record of $50.8 million in May, 2004. This is an 18% increase over the previous single month sales record of $43.0 million achieved in April 2003.
"We are pleased with our sales results and are very confident that we can achieve final second quarter results that will be within our guidance range of between $125 million to $140 million provided in our press release dated April 30, 2004 announcing the first quarter financial results," commented Mr. Murakami, Nam Tai's Chairman. "Sales growth mainly came from the ...
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