Synpower Co., Ltd.TWSE: 6658

SynPower: Revenue up 10.9% year-over-year, but net income and margins declined amid expansion

· Issued by Synpower Co., Ltd.

Revenue grew 10.9% year-over-year to NT$1,092,729 thousand, but net income attributable to owners fell sharply to NT$7,365 thousand. Gross margin declined, and the company increased borrowings and completed a capital increase to fund capacity expansion.

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